Treasury revises JobKeeper to $70 billion

By Rebecca Gredley and Finbar O'Mallon
Updated May 22 2020 - 10:11pm, first published 10:09pm
Treasury has slashed the estimated cost of the JobKeeper program from $130 billion to $70 billion.
Treasury has slashed the estimated cost of the JobKeeper program from $130 billion to $70 billion.

The federal treasurer has downplayed the bungling of JobKeeper figures, saying the massive $60 billion cost downgrade is not an excuse to spend more money.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Canberra news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.