A Boost for Durack Business and Jobs
March 12, 2020
The Morrison Government has today announced a $17.6 billion economic plan to keep Australians in jobs, keep businesses in business and support households as the world deals with the significant challenges posed by the spread of the coronavirus.
Our targeted stimulus package is focused on keeping Australians employed and helping small and medium sized businesses to stay in business.
Federal Member for Durack, the Honourable Melissa Price has congratulated Prime Minister Morrison and Treasurer Josh Frydenberg on their plan to deliver a targeted economic stimulus package to assist business and families in Durack.
“I estimate that at least 2 thousand Durack apprentices and trainees will benefit through the business boost their employers can access by applying for a wage subsidy of 50 per cent of the apprentice’s or trainee’s wage for up to 9 months from 1 January 2020 to 30 September 2020,” Ms Price said.
The stimulus package has four parts that support business investment, provide cash flow assistance to help small and medium sized business and to keep their employees in jobs, along with targeted support for the most severely affected sectors, regions and communities. That includes additional assistance to help businesses identify alternative export markets or supply chains.Targeted measures will also be developed to further promote domestic tourism.
“Many Durack residents who are recipients of household allowances like the Aged Care and Disability pension as well as Newstart for example, will benefit from the one off $750 dollar payments,” Ms Price said.
The Government’s economic support package is proportionate, timely and scalable to respond to the economic challenges presented by the spread of the coronavirus.
Through our response today and the actions we have taken to bring the Budget back to balance over the last six and a half years, Australians can be confident that our nation is one of the best prepared to respond to the economic impacts of the coronavirus.
Media; Rose Crane 0427 587 395; email@example.com