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  • Mon. Dec 23rd, 2024

Coronavirus stimulus package to include $1.3 b in assistance payments to keep apprentices in work

Coronavirus stimulus package to include $1.3 b in assistance payments to keep apprentices in work

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March 11, 2020 18: 23:06

The Federal government will look for to make sure apprentices can keep their tasks in the middle of fears the spread of the coronavirus could have a crippling result on employment.

Bottom line:

  • The Government will provide to $7,000 per apprentice per quarter to keep them in work
  • It hopes the money will secure the tasks of around 120,000 apprentices throughout the country
  • The Federal government is likewise expected to reveal momentary tax relief to encourage spending

The ABC understands the stimulus plan, which Prime Minister Scott Morrison will reveal tomorrow, will be worth more than $15 billion, spread over this fiscal year and till a minimum of March next year.

The details of that bundle stay uncertain, nevertheless,

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