Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Australia PM announces new lockdown disaster payments – who’s eligible?

Published

on

Scott Morrison

Australian Prime Minister Scott Morrison has announced a new “temporary COVID-19 disaster payment”

The disaster payment will be made for people who live in declared COVID-19 hotspots and are unable to work because of a lockdown.

It comes as the nation’s second-biggest state of Victoria remains in an extended lockdown due to a COVID-19 outbreak.

The payment will be made available to those unable to work due to imposed lockdowns.

The Federal Government however revealed there are terms and conditions of the payment which include that the area in lockdown must be recognised as a hotspot from the Federal Government.

The PM also stated that payments will not be made available unless an area is locked down for more than two weeks, meaning a one-week lockdown would see no payments to stood down workers.

The Commonwealth Government also stated they reserve the right to cease payments if they no longer designate an area as a hotspot.

Image / Ticker NEWS

The breakdown

Only workers stood down from employment during a lockdown will be eligible for payments.

$500 PAYMENT PER WEEKFOR WORKERS WHO NORMALLY WORK 20+ HRS
$325 PAYMENT PER WEEKFOR WORKERS WHO NORMALLY WORK UNDER 20 HRS PER WEEK

The new payment is set to cost the Australian Government $50 million a week for every 100,000 applicants it pays.

Melbourne testing clinic /Image AFP

Australia’s Victoria remains in lockdown

Victorian Acting Premier James Merlino says vaccination was the only way out of the pandemic and that the locked down state was waiting on Federal support in relation to the federal vaccine rollout.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Money

Unpacking crypto ‘prop trading’

Published

on

What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto CallsCheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.

Continue Reading

Money

The art of technical analysis

Published

on

How can we master the art of technical analysis in the crypto space?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto CallsCheyne Kupfer.

In this episode, Cheyne unpacks technical analysis and how it can up your crypto game.

Continue Reading

Money

Crypto: the benefits of government regulation

Published

on

How can government regulation lead to greater trust and interest in cryptocurrency?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto CallsCheyne Kupfer.

In this episode, Cheyne discusses the benefit of increasing government regulation in crypto.

Continue Reading
Live Watch Ticker News Live

Trending Now