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Statement from Treasurer

Statement from Treasurer

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.