New South Wales Treasurer Dominic Perrottet says it will be "a very challenging time" for the state when federal JobKeeper funding ends in September and is working to have the state economy running as self sufficiently as possible by the deadline. "We want to make sure when we get to the end of September - when the JobKeeper program runs out - that we transition as many people from that program into paid wages," Mr Perrottet said. The state Treasurer said the government worked around a six-month shutdown framework but noted it would likely be shorter than anticipated given the low COVID-19 infection rates. "We're more exposed than other states based on our economy, we're Australia's gateway to the world," he said. "While the restrictions have been lifting, it's been a significant focus for me to make sure by that deadline we have as much of the NSW economy operating as possible. "It will be a difficult two years on the fiscal side of things for the budget but we'll bounce back." Image: News Corp Australia
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Tuesday, June 16, 2020
End of JobKeeper to be a ‘very challenging time’ for NSW: Perrottet
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