Government announces $1,500 a fortnight wage subsidy to keep Australians in jobs during coronavirus shutdown

The unprecedented $130 billion package will also apply to casual workers who have been with a business for more than 12 months and New Zealand nationals.

The government will fund wage subsidies for small businesses to keep apprentices employed as part of its coronavirus response Source: AAP

The Federal Government will spend $130 billion to subsidise the wages of up to six million Australians during the coronavirus pandemic in a bid to stem the wave of people being forced onto welfare.

The $1,500-per-fortnight flat payment will be given to employers who have lost 30 per cent or more of their revenue to pass onto their employees in order to keep them on the books during the COVID-19 crisis. 

Read the full article in English here.