REVEALED: Whitsunday postcodes propped up by JobKeeper
NEW data reveals the region’s reliance on JobKeeper payments to keep business doors open and workers employed.
A website set up by the Labor Party allows Aussies to search their postcode to see how many businesses in their area are relying on JobKeeper and how much it could cost the country if the payment was taken away.
The site is based off Australian Treasury data released last month on the number of businesses that accessed the JobKeeper payment across the country.
In the 4800 postcode, which covers Proserpine, Cannon Valley, Cape Gloucester, Hydeaway Bay, Wilson Beach and Strathdickie, data revealed “up to 365 businesses” could be forced to close their doors if the JobKeeper payment ended.
From this, “approximately 1387 local workers may be forced into unemployment, and up to $2,080,500 could be ripped out of the local economy each and every fortnight”.
The data revealed that in the 4802 postcode, which covers Airlie Beach, Jubilee Pocket, Cannonvale, Shute Harbour, “up to 746 businesses” shut down if JobKeeper was not extended.
Of this “approximately 2835 workers” could lose their jobs, leaving a $4,252,000 hole in the local economy.
On Hamilton Island for residents of the 4803 postcode, “up to 15 businesses” could close their doors, with 57 residents left out of work.
It was estimated this could pull $85,500 out of the island’s economy every fortnight.
The 4804 postcode, which covers Collinsville and Mt Coolon was also not immune to closures according to the data.
It was estimated that 22 businesses in the area could close their doors and “approximately 64 workers” may lose their jobs.
This could result in a $125,400 loss to the local economy.
The 4805 postcode, which cover Bowen, Gumlu, Bogie and Queens Beach, was estimated to experience a $1,151,400 drop in the local economy if the JobKeeper payment ended.
From this, it was estimated 202 businesses may close their doors leaving 768 workers out of jobs.
The JobKeeper payment provides $1500 a fortnight to employees of eligible businesses and is set to end in September.
Whitsunday business owners also voiced grave fears about cutting off JobKeeper payments in September, with one saying it could mark the “mass death of small business”.