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Re: BlindSquirrelFindsNuts post# 343025

Monday, 03/30/2020 1:57:18 AM

Monday, March 30, 2020 1:57:18 AM

Post# of 575257
They reckon it's a "job keeper" scheme. Not just a salary replacement effort.

Which businesses qualify? Smaller who show a 30% business drop. 50% for large businesses.

Better than major western others. It's funded over six months, rather than three.

They say it's broader than the rescue packages of UK, Canada and USA, so far.

The idea is businesses that have already closed because of covid will be able to keep emplyees on their books.

The peak union body has likes and issues.

Not generous enough after mortgages pause. Money left after mortgage about minimum wage.

Only covers casuals with a company for a year or more.

Doesn't cover people on temporary visas, think i heard just now.

Will know better tomorrow.


It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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