The government admitted on Friday its JobKeeper wage subsidy scheme to assist business and workers through the COVID-19 pandemic will now be $70 billion rather than $130 billion and will now only cover 3.5 million people rather than 6.5 million that had been forecast.
The 60 billion dollar error
Treasurer Josh Frydenberg and Prime Minister Scott Morrison. Source: AAP
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The Prime Minister says Australians should welcome the money saved through its $60 billion reporting error in the JobKeeper scheme.
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