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Final business package worth billions but Covid assistance to end as states hit 80% vaccination rate

Josh Frydenberg says tapering business support, which mirrors changes to income assistance, is in line with national reopening plan

The federal government has signed off on a final multi-billion dollar business assistance package for NSW, Victoria and the ACT, but will switch off financial support once vaccination rates reach 80% of the adult population.

Following a decision to wind down income support payments, the federal government is set to announce it will provide a final boost for businesses aimed at bridging the final six weeks of lockdown before states reach the 80% double dose target.

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Read the original article at The Guardian

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