Australia expands wage subsidy scheme as Covid-19 cases surge | Malay Mail

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Australia expands wage subsidy scheme as Covid-19 cases surge | Malay Mail
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SYDNEY, July 16 — The Australian government is injecting a further A$1.5 billion (RM4.47 billion) into a wage subsidy programme to counter rising unemployment as the country posted the biggest rise in coronavirus cases since early April. Australian officials reported 327 new Covid-19 cases today,...

Australian officials reported 327 new Covid-19 cases today, a surge that was almost entirely due to the state of Victoria, which posted its biggest ever one-day rise in infections. — AFP pic

Victoria, Australia’s second-most populous state, has been isolated from the rest of the country for more than a week following a fresh outbreak of the disease. The 4.9 million residents in its capital, Melbourne, have been ordered to stay home except for essential business. The economy has taken a substantial hit and is headed for the country’s first recession in almost three decades. A further shutdown in Victoria would tighten the screws further.

Morrison welcomed data out today showing that jobs grew by more than expected in June — rising by 210,000, compared with declines in April and May and analyst expectations of a 112,000 increase — as evidence his government’s support packages were working.

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