The JobKeeper payment helped to keep hundreds of thousands of businesses in business and millions of Australians in work.
As the Governor of the RBA has said, JobKeeper was a program that was "about keeping people in jobs and it has done a remarkable job.”
As Treasury’s JobKeeper Review makes clear, JobKeeper “has kept jobs in place, especially among those in ongoing full-time and part-time roles. It achieved this by providing employers a subsidy to keep on employees and reduce business costs.”
Without JobKeeper there would have been more jobs lost, more businesses close, more workers on fewer hours and a prolonged economic downturn with major labour market scaring.