Category: Economic Support Package

Australian State Announces $1 Billion Recovery Package for Businesses

The New South Wales (NSW) government has unveiled a $1 billion (US$702 million) support package for businesses hit hard by the Omicron outbreak as the new wave continues to dent consumer confidence and the labour force. On Sunday, NSW Premier Dominic Perrottet said the government had the back of every business and worker in the…


Federal Economic Support Package on the Way for COVID-19 Stricken New South Wales

Australian Prime Minister Scott Morrison has announced the federal government will provide an economic support package for New South Wales as it stares down the reality of long term COVID-19 restrictions. Announcing the full details for financial assistance to households and businesses on July 13, Morrison said that although the Commonwealth and the state’s had originally agreed…