The Australian government will provide an historic wage subsidy to around 6 million workers who will receive a flat payment of $1,500 per fortnight through their employer, before tax.
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The $130 billion JobKeeper payment will help keep Australians in jobs and tackle the significant economic impact from the coronavirus.
The payment will be open to eligible businesses that have been significantly impacted by the coronavirus. It will provide the equivalent of about 70 per cent of the national median wage. For workers in the accommodation, hospitality and retail sectors it will equate to a full median replacement wage.
The payment will ensure eligible employees stay connected with their employer not with Centrelink.
$170 million exporter support package
This funding will back Australia's agricultural, fisheries and tourism exporters get back on their feet, and delivering our world class produce to the world;
This package includes:
- $110 million International Freight Mechanism to help get high-quality produce into key overseas markets through the facilitation of freight flights, with return flights to bring back vital medical supplies, medicines and equipment.
- Injecting an extra $49.8 million into the Export Market Development Grants
- About $10 million in Australian Fisheries Management Authority (AFMA) levies will also be waived for all Commonwealth fishers, ensuring they do not have to pay Commonwealth levies for the remainder of 2020.
Supporting families using child care
Our child care package will give families hip pocket relief, while protecting child care jobs and ensuring the viability of local services.
Child care provides our children with routine, a place to learn, play and socialise.
Under the plan, the Federal Government will pay services that remain open and do not charge families for care.
Services will receive payments based on 50 per cent of their average fees, up to a maximum of the hourly rate cap, based on enrolments in the fortnight before March 2, 2020.
