Up to 6 million Australians are set to benefit from a $1500 (US$935) fortnightly wage subsidy starting from May, after the government’s historic $130 billion JobKeeper package passed both houses of Parliament—with opposition support—on the evening of April 8.
The package, announced on March 30, aims to keep Australian workers connected with their employers during the economic downturn induced by the (Chinese Communist Party) CCP virus, commonly known as novel coronavirus. It also brings the government’s total economic stimulus support to $320 billion or 16.4 percent of GDP.
