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RBA backs JobKeeper end

Reserve Bank of Australia governor Philip Lowe has backed the government’s decision to let JobKeeper expire in March despite potential “job shedding” once the wage subsidy is withdrawn.

RBA backs JobKeeper end
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RBA backs JobKeeper end

Speaking at the National Press Club on Wednesday, Dr Lowe said he understood the government’s decision to wind down the JobKeeper program at the end of March due to indicators of recovery across the economy.

Read more at the Accountants Daily.

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