Wise Accounting Podcast (WAP)

$1,500 Wage Subsidy - Government Stimulus Package (WAP051)


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The third tranche of the government stimulus package has just been announced, and this is centred around a $130 billion stimulus payment, with indications the Government are not done yet. The Government has now contributed $320 billion to the Coronavirus fight, which accounts for 16.4% of GDP. 

This latest stimulus package is built around a $1,500 per fortnight gross payment to employees.

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Wise Accounting Podcast (WAP)By Wise Accounting Pty Ltd