Coalition flags HECS-style loan scheme for businesses

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The Australian Hotels Association is among the latest lobby group demanding wage subsidies beyond the late-March end date for JobKeeper:

“In the last 74 days alone nearly 10 million Australians have been locked down across four CBD areas (in Adelaide, Sydney, Brisbane and Perth). In Perth they still are,” AHA chief executive Stephen Ferguson told The Australian.

“The prospect of more border closures and lockdowns keeps employers all awake at night and their employees…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.