and appear willing to lend to thousands more companies, with their risks reduced because half the loan value would be guaranteed by the Commonwealth."The expanded scheme will allow businesses to access more credit for a longer period of time," Mr Frydenberg said in a statement ahead of the changes.
Finance Minister Mathias Cormann said on Sunday that the government would continue income support beyond the original expiry date for JobKeeper at the end of September. Senator Cormann said the further support would be for employers who were "particularly severely impacted" by the crisis, so they could keep their staff.
ACTU president Michele O'Neil called for a bigger federal plan to retrain the unemployed, on top of last week's $2 billion vocational education package, and for continued JobKeeper payments. ACOSS chief Cassandra Goldie said the government should embrace a "jobs and training guarantee" so people aged 25 years and under could gain a subsidy to do paid work experience and training.
Let’s go Scomo more free money please 👍Just hand it out to all who need it We’ll all be dead and gone one day and this will not even be a distant memory
Just what to doctor ordered....more debt for future Australian's and their businesses. You would be mad to take on further debt, knowing your business might not be running at full capacity for 6-12 months.
Keep Job Seeker at current rates to stimulate economy and keep 500,000 out of poverty.
PS; Carers and Disability Support Pensioners which used to be the highest paid benefits, acknowledging their inability to earn more money. They are now the big loosers with no changes and the lowest paid amidst a increasingly more costly society. The only group that missed out
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