Australia. Wage subsidies worth $1.3 billion are being committed to fend off financial impact of coronavirus

The Morrison government will fund $1.3 billion in wage subsidies for small businesses to keep apprentices employed in the face of the coronavirus outbreak.

 

 

Small businesses will receive government-funded wage subsidies to keep apprentices at work as part of Australia’s COVID-19 response.

 

As well, media reports suggest pensioners and welfare recipients will get cash payments of around $500.

 

Under the plan unveiled on Wednesday night, the government will offer small businesses up to $7,000 each quarter for every apprentice in wage assistance, to retain existing apprentices and trainees…

 

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Australia. Wage subsidies worth $1.3 billion are being committed to fend off financial impact of coronavirus
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