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fuagf

03/23/20 1:33 AM

#342370 RE: fuagf #342254

Tale of two countries - Exclusive: McConnell defends crafting $1 trillion stimulus plan without Democrats

"...NSW to shut down non-essential services as Morrison unveils $189bn stimulus – latest"

By Paul LeBlanc, CNN
Updated 0439 GMT (1239 HKT) March 20, 2020

https://edition.cnn.com/2020/03/19/politics/mcconnell-coronavirus-cnntv/index.html

That's the do it myself triumphalist Trumpian way. Then there is the let's get together and compromise manner.

National cabinet creates a new federal model

The rapid set up of the leadership group marks a new era in federal relations as the full force of Australia's nine governments come together to fight the coronavirus.

Tom BurtonGovernment Editor
Mar 18, 2020 – 5.14pm

Australia's first national cabinet is finally doing what countless reviews, academics and government watches have pleaded for. Governments of all colours, and their agencies, working as one, in a form of co-operative federalism many officials had only dreamed of.

Formed at the Friday Council of Australian Government (COAG) meeting, the "wartime" national cabinet is made up of the nation's first ministers – the Prime Minister, premiers and territory leaders – to co-ordinate and deliver a consistent national response to COVID-19.
https://www.afr.com/politics/federal/national-cabinet-creates-a-new-federal-model-20200318-p54bar






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fuagf

03/30/20 1:41 AM

#343024 RE: fuagf #342254

Australia rescue package upped to 16.4% GDP

Coronavirus Australia live news: Scott Morrison announces $1,500 a fortnight 'job keeper' payment to employers worth $130bn – latest

Australian prime minister announced further restrictions on Sunday, including limiting public gatherings to two people. Follow all the latest Covid-19 updates

LIVE Updated 4m ago

Amy Remeikis

Mon 30 Mar 2020 01.29 EDT
First published on Sun 29 Mar 2020 16.21 EDT

[...]

A bit more clarification on those who have been stood down already – if you can perform a wage function, then you should get this payment.

“If you were on the books from the 1st of March, then they would be an eligible employee,” says Josh Frydenberg.

Essentially, your employer can take you back, if they were forced to let you go because of the coronacrisis.

If entitlements have been paid out, then you need to work that out with your employer. If they haven’t been, then you keep that.


4m ago 16:33

Right, so it is a wage-subsidy – so employers will have their employees covered for up to $1500 a fortnight, and then they chip in the rest.

So for minimum wage earners, it will be covered 100%. If you earn more, then the employer will have to keep in the rest.

It does not include superannuation.

6m ago 06:31

Scott Morrison has set up a “weekly tele-presence meeting” between the leaders of the government and the leaders of the opposition, to explain the measures which are coming, and may be coming.

So they are talking to each other on a weekly basis now.

Parliament will need to be recalled for this (under the new quorum rules) so they are working out when that is.

Morrison says some of the legislation could be “a bit complicated” so they are going to need a bit of time to draft it. The government will then share it with the opposition, and see if they can come to an agreement before the parliament is re-called, to ensure it goes as quickly and smoothly as possible.

10m ago 01:29

Ben Butler

The Australian share market finished up 7% on Monday ahead of the country’s government announcing a new spending package as the closing bell rang.

Health stocks led the charge, with Mayne Pharma and Ansell both skyrocketing by more than 25% and Estia surging more than 15%.

Mining services group Parenti Global was the biggest loser among top 200 companies, falling 7%, and buy-now-pay-later fintech Afterpay slumped 3.7% as short-sellers built significant stakes in the company.

12m ago 01:27

Josh Frydenberg says the payment goes back to 1 March – if you have been let go in that time, you should talk to your employer.

Employees can go to the ATO and register for the program.

Updated at 1.28am EDT

13m ago 01:26

Some NZers to get the payment.

The payment will apply to New Zealanders who are in Australia on a Triple 4 visa.

They won’t have access to the welfare system, but they will get this one, because they had jobs, “they are part of the economy of Australia”.

There is no word on the other temporary visa holders, as yet.

The payment will also apply to not-for-profits.

Updated at 1.28am EDT

https://www.theguardian.com/australia-news/live/2020/mar/30/coronavirus-update-live-australia-news-nsw-qld-victoria-scott-morrison-press-conference-covid-19-restrictions-public-gatherings-cruise-lockdown-app-latest-updates