Monday, 23 March 2020
Questions without Notice
Treasury is modelling a number of scenarios at this point in time. The impact on unemployment is not going to be known for some time because we do not yet know the impact COVID-19 is having on the economy. But, again, the government is very, very aware of the challenges that the labour market now faces as a result of COVID-19. That is why we have now announced in excess of $187 billion in support to get Australians, whether they're a business, an employee or an employer, to the other side of this crisis and then back into business and back to work.