The new $130b JobKeeper Initiative
The Morrison government announced yesterday in response to the COVID-19 pandemic and its impact on the Australian economy, that a new subsidy program to support businesses and employees is being implemented from March 30th. It has been named the JobKeeper Payment, and aims to cover the costs of employees' wages so that businesses are not forced to lay off staff and continue trading as best they possibly can. The government has released detailed fact sheets explaining which bu