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Tasmania offers cash to self-isolators

By Grace Ormsby · March 18 2020
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egg

Invest

Tasmania offers cash to self-isolators

By Grace Ormsby
March 18 2020
Reading:
egg
Hobart

Tasmania offers cash to self-isolators

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By Grace Ormsby · March 18 2020
Reading:
egg
Hobart

One-off emergency payments will be provided to Tasmanians who are forced to self-isolate as a result of coronavirus.

State Premier Peter Gutwein has announced that individuals who self-isolate will be provided with $250, while families will be given $1,000.

In addition, the government has announced that it will be establishing an emergency accommodation support fund of $1 million for individuals and families placed on home quarantine but who are unable to return to their regular place of residence due to self-isolation measures being in place.

It’s part of a $420 million stimulus package proposed by the government that will see $2 million in primary health support provided to GPs and pharmacies, and a $1 million injection into frontline worker support for the provision of accommodation.

A further $1 million in grants will be provided to mental health organisations.

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The package also aims to provide relief to small- and medium-sized businesses.

The package will comprise of $20 million in interest-free loans that will be available to small businesses in the hospitality, tourism, seafood and exports sectors and a waiving of payroll tax for the remainder of the financial year for those same businesses.

Other measures include $50 million in local government interest-free loans, and bringing forward of $50 million of public building maintenance work.

It comes after Western Australia and NSW announced their own stimulus packages yesterday, while Queensland said it was creating a loan facility for the support of businesses “most directly affected” by the pandemic. 

The federal government last week unveiled its own $20 billion stimulus package

At a press conference this morning, the Prime Minister indicated a second federal package is in the works – to be announced once all aspects have been “properly designed”.

Tasmania offers cash to self-isolators
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About the author

Grace is a journalist on Momentum Media's nestegg. She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.

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About the author

Grace is a journalist on Momentum Media's nestegg. She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.

Join The Nest Egg community

We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians

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