Finance

JobKeeper ending: number of Aussies at risk of losing jobs revealed

Around 110,000 Australians could lose their jobs when the JobKeeper wage subsidy ends at the end of this month, according to top economists.

Commonwealth Bank experts say workers in coronavirus-hit industries like tourism, accommodation, transport, arts and recreation are most at risk of being sacked.

Watch the video above for more about the redundancy fears

JobKeeper was brought in at the beginning of the pandemic and provided a fortnightly wage supplement of up to $1,500 initially to workers.

It was later reduced to $1,000 per fortnight and will come to an end on March 31.

The number of Australians needing welfare support is expected to surge after March 31. Credit: Getty

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