‘JobKeeper cliff’: Sydney braces to lose 30,000 jobs as wage subsidy scheme ends

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‘JobKeeper cliff’: Sydney braces to lose 30,000 jobs as wage subsidy scheme ends | MattWadeSMH AnnaPattySMH

Anthea Hammon, who runs Scenic World in Katoomba, and David Hammon, who runs Sydney’s Bridgeclimb, have had to reduce staff numbers with JobKeeper ending.Tourism business owner Anthea Hammon will halve her wages bill and reduced full-time staff numbers from 190 to 110 at Scenic World in Katoomba by the end of next week. Her brother David Hammon will reduce his staff numbers at Sydney Harbour Bridge climb, also run by the family’s business, from 250 to 170.

A survey of NSW tourism businesses by the NSW Tourism Industry Council found 42 per cent expect to reduce staff numbers when JobKeeper is withdrawn while 53 per cent will reduce staff hours. Around one in ten of the tourism firms surveyed said they expected to shut down altogether once the wage subsidy scheme ends and a further 20 per cent may close temporarily.

Labor Party analysis of the latest available Treasury data showed the inner-city seat of Sydney had the most employees receiving JobKeeper among NSW electorates followed by the western Sydney seat of Watson and North Sydney . University of Melbourne economist Jeff Borland estimates that between 100,000 to 200,000 jobs will be lost around the country when JobKeeper ends. However, this would be partially offset by employment growth of 50,000 to 60,000.

 

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MattWadeSMH AnnaPattySMH Get the thieves who stole the money and they pay those who really need it.

MattWadeSMH AnnaPattySMH Not too mention the hundreds of thousands across Aust, eg. self employed who have been at the bottom of that cliff for 12 months.

MattWadeSMH AnnaPattySMH bridgeclimb 🇦🇺

MattWadeSMH AnnaPattySMH Good. This is What You deserve when for generations you have sat back and watched a corrupt government implement their corrupt structured frameworks and methodologies

MattWadeSMH AnnaPattySMH Beaches prepare to be vacated as job keeper recipients have to get a friggin job !

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