Business leaders praise state, federal co-operation over $400m package

Business leaders have lauded the financial partnership between the Victorian and federal governments, which on Friday unveiled a $400 million business support package.

“I would certainly expect that for as long as any lockdown is necessary, that Commonwealth support should be available,” he said on Friday. Equity Economics lead economist Angela Jackson said on top of support payments, lockdowns have cost the Victorian economy between $850 million and $1 billion a week while May’s budget only accounted for small, infrequent outbreaks.

She said the economy would be slower to bounce back from this year’s lockdowns than it had last year because households and businesses were starting from a weaker position and due to the lack of JobKeeper wage subsidies.

Really You wouldn’t know it ! I don’t see any cooperation

The only reason for the tune change is NSW

ScottMorrisonMP can’t be trusted Just another narcissistic prick

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Victoria unveils $400 million business lifeline on first day of lockdownA multi-million-dollar business lifeline has been unveiled by the Victorian government on the morning after the state was plunged into its sixth lockdown. Terrific $3000 wouldn't cover the food that will rot and don't mention the rent, when are these useless ministers ever going to get it. stateisbroke suicideonthewayup
Source: SkyNewsAust - 🏆 7. / 78 Read more »