Australia’s government will commit A$130 bln over six months to support jobs, said Prime Minister Scott Morrison in a televised briefing from Canberra on Monday.
Further comments
Crisis needs unprecedented action.
Our goal is to protect the lives and livelihoods.
To introduce A$1500 per fortnight job keeper payment.
Want to keep engine of economy running.
This is an extraordinary level of support.
Parliament to reconvene to approve job keeper bill.
We will pay employers to pay their employees and make sure they do, to keep them in the businesses that employ them and to ensure they can get ready together to bounce back on the other side.
- AUD/USD Price Analysis: Struggles between short-term support trendline, 61.8% Fibonacci
Share
