Budget plan: Australia to open borders next year to bring back migrants-By David Crowe Treasurer Josh Frydenberg in the Senate courtyard at Parliament House Source:Theage Australia will open its borders next year in a budget plan to bring back migrants and speed up the economic recovery, amid federal government fears that growth cannot be sustained if travellers are kept away and citizens kept at home. In a key warning against closed borders, Treasurer Josh Frydenberg said he believed in restoring migration to the levels seen before the pandemic as soon as the government’s health experts declared it possible. ...
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$130bn JobKeeper payment passes Parliament The government’s $130 billion JobKeeper payment passed Parliament late on Wednesday night, and should see up to 6 million Australians benefit from a $1,500 fortnightly wage subsidy from May. SOURCE:Publicaccountant “This unprecedented level of financial support will save millions of jobs and keep families together, businesses in business and preserve the productive capacity of the Australian economy,” the Treasurer said following the legislation’s passage. The $1,500 per fortnight JobKeeper payment is the equivalent of about 70 per cent of the median wage and represents about 100 per cent of the median wage in some of the most heavily affected sectors, such as retail, hospitality and tourism, Treasurer Josh Frydenberg explained. It will be available to full-time and part-time workers, sole traders and casuals who have been with their employer for 12 months or more. ...
Apr 10, 2020
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Tagged Coronavirus, JobKeeper payment passes Parliament, Treasurer Josh Frydenberg
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