Cash splash for Australia’s decimated tourism industry

  • 📰 7NewsMelbourne
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

Australia's decimated travel industry has welcomed $75 million in further government support as it prepares to claw back as much as 90 per cent of its pre-pandemic revenue. auspol 7NEWS

Tourism Minister Dan Tehan says the $75.5 million package will boost the industry’s bid to rebound from downturns which saw 15,000 jobs representing a third of the sector lost.Credit:With Australia’s tourism industry bouncing back, Mr Tehan says confidence is growing, people are booking holidays and agents are in demand.

“Australians travelling are relying on their travel professionals now more than ever and this financial support is needed to start the process of rebuilding,” he said on Saturday. The government’s package comes just days after the Commonwealth announced an end to the ban on cruise ships entering Australia from April 17.The latest round of industry support also follows $184 million in relief measures to travel agents since the start of the pandemic, with more than 5400 grants issued to more than 3200 agents.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Morrison is buying more votes again

After billions went to propping up private businesses they are still spoon feeding liberal supporters,christ guys it's not up to taxpayers to ensure the success of private business,and they've been doing it we before the virus came.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in BUSİNESS

Business Business Latest News, Business Business Headlines