Evan Lucas on Sky News

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.

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