Evan Lucas on Sky News

JobKeeper program 'calmed down the markets'

The federal government's JobKeeper program has reduced concerns unemployment could rise up to 19 per cent due to the COV19-19 pandemic, according to InvestSMART's Evan Lucas.

Under the Coalition's plan, businesses will be paid a fortnightly wage subsidy of up to $1,500 per employee if their turnover has decreased by at least 30 per cent due to the coronavirus crisis.

Continue reading here.

The following video featuring InvestSMART's Chief Market Strategist Evan Lucas, appeared on Sky News on Sunday 5 April, 2020.

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles