Yahoo Finance 'Make sacrifices': PM's stark warning for landlords
The aged care sector will receive an extra $444.6 million while landlords have been asked to support tenants experiencing financial hardship as the government steps up its Covid-19 response.
This comes on top of the extra $100 million for the aged care sector announced as part of the federal government’s first $17.6 billion stimulus package.
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“That includes $234.9 million for a retention bonus to ensure the continuity of the workforce for staff in both residential and home care,” Morrison said in a press conference from Canberra on Friday afternoon.
Another $78.3 million will go towards increasing the workforce for residential care, and a further $26.9 million to ensure the viability of residential care facilities, said the prime minister.
An extra $92 million will be provided as additional support for home care providers and organisations that help deliver the Commonwealth’s home support program, such as the Meals on Wheels service.
$12.3 million will be given to the Myer Foundation to “respond to the needs of older Australians,” Morrison added.
“This additional funding is being focused on those who are most vulnerable, to get them the additional support so they can get access to the essential things they need, particularly through things like Meals on Wheels and homecare support, and the other things older Australians will need going through this time,” he said.
Landlords asked to support tenants
Morrison also said state governments were working to identify how relief would be provided for commercial and residential tenants over the next six months to maintain their tenancies.
“All Australians are going to be making sacrifices, obviously, in the months ahead,” Morrison said.
“And everyone does have that role to play stop and that will include landlords, at the end of the day, for people who are enduring real hardship.”
Western Australia and New South Wales will be working on this issue.
The date for the release of the federal budget, initially set for May 2020, has been pushed back to October, Morrison said.
Earlier today, the Australian Banking Association CEO announced a $100 billion package for small businesses.
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