The Australian Small Business Commissioner Kate Carnell warned that due to the further reduction in the subsidy amount of the Australian government’s JobKeeper program, many small business employees have been lost and employers are unable to recruit new employees. According to the Australian government’s plan, the amount of the “Retention Subsidy” will be reduced from A$1200 for two weeks to A$1000 from January 4, and the subsidy for employees who work less than 20 hours will be A$650. Carnell said that the current top-up amount is too low to allow business owners to retain long-term employees. In addition, although some people in the industry have called on the government to extend the term of the “Retention Subsidy” program, the Australian Finance Minister previously stated that the program will officially end on March 28.
https://7news.com.au/lifestyle/personal-finance/jobkeeper-payment-2021-explained-c-1978165