WORKING IT OUT Scott Morrison will today announce a $1.2 billion extension of the government’s apprenticeship wage subsidy until September at the AFR’s ($) business summit, news of which has leaked to The Conversation, news.com.au, etc. Morrison will also reportedly push data and digital initiatives as part of a post-JobKeeper recovery along with access to “reliable, affordable and low-emissions energy”, although it is unclear whether this too will amount to a “gas-led recovery” designed by fossil fuel donors. According to The New Daily, Josh Frydenberg has added that the government is days away from announcing a package for the tourism industry after the general wage subsidy ends March 28. The news comes as the Commonwealth Bank estimates household savings hit an extra $120 billion across the June, September, and December quarters, figures The Australian ($) notes are driving resurgent property and retail markets. Elsewhere, Anthony Albanese yesterday issued a pledge to close the gender pay gap across workforces, which includes forcing companies with more than 250 employees to publicly report their gap. PS: Note that the apprenticeship announcement comes after the Grattan Institute released a report into the gendered impacts of the pandemic and government’s response — i.e. JobKeeper excluded short-term casuals, who, in the hardest-hit industries, are mostly women — while a parliamentary inquiry will today examine plans to increase the JobSeeker rate by just $50 a fortnight. |