JobSaver to be expanded to hospitality and retail giants to save jobs
The NSW Government is reportedly set to announce an expansion of its JobSaver program today to save 10,000 tourism and hospitality jobs.
The NSW government is expected to announce an expansion of employment subsidies to hospitality and tourism businesses in an effort to save 10,000 jobs.
The Australian reports that the plan was approved by the state’s crisis cabinet on Wednesday and would allow large tourism, hospitality and recreation employers with annual turnovers of up to $1bn to access the government’s JobSaver subsidy scheme.
Previously the program was limited to businesses with annual turnovers of $250m and below.
The expansion is expected to be announced today along with other support measures and changes to current restrictions.
The current scheme was due to conclude at the end of August. The Australian reports that
260,000 applications for support had been made since the program was announced, of which 200,000 had been approved but which were still being paid.
The paper said the larger businesses with turnovers between $500m and $1bn will receive up to $500,000 in payments, provided they have experienced losses of 70 per cent due to the winter lockdown.
Service NSW will have two dedicated phone numbers to assist with business queries after the organisation was inundated with applications of the current scheme leading to weeks-long delays.
It comes as NSW reported a record 919 Covid-19 cases, the highest one-day rise anywhere in the country since the start of the pandemic.
Currently 32.9 per cent of the NSW population was now fully vaccinated with some 61.5 per cent having received their first dose.