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Monday, June 14, 2021

Australian PM Morrison fiscal COVID-19 spending

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Announcing support for hotspots “impacted by state public health orders” – i.e lockdown in Victoria state, more specifically its capital city Melbourne. 

Will provide support if lockdown is greater than 7 days

  • ‘Temporary Covid Disaster Payment’
  • up to $500/week (per person, meeting criteria) 
  • recipients must have less than $10,000 in liquid assets
  • can’t be getting another form of pandemic or income support

I won’t go into the strings attached and the (quite onerous) conditions that will apply. Stringent conditions will see only limited numbers of people qualify, but hey, better than nothing. 

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