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The Times

Revenue-contingent wage loans, a proposal for supporting jobs in times of crisis

  • Written by Robert Costanza, Professor and VC's Chair, Crawford School of Public Policy, Australian National University
Revenue-contingent wage loans, a proposal for supporting jobs in times of crisisonly_kim/Shutterstock

As JobKeeper is wound back, businesses are tentatively preparing to stand on their own feet.

What follows is a simple proposal to help them share the risk (and rewards) with their workers.

It has features in common with the government’s Higher Education Contributions Scheme (HECS) in which university students get help with...

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