For those of you who have woken to the news this morning that the Commonwealth Government has announced a special tourism sector bailout, here are some deets:
Taxpayers will bankroll 800,000 half-priced airfares under a $1.2bn stimulus package aimed at shielding the aviation and tourism industries, and throwing a lifeline to regional economies when the $90bn JobKeeper wage subsidy scheme ends this month.
Cheap loans will also be offered to small and medium businesses coming off JobKeeper on March 28, with the federal government increasing its exposure to help keep employers afloat.
[T]he government will subsidise a 50 per cent discount on domestic fares to 13 tourism-dependent regions, including the Gold...
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