Budget snub: Thousands to go broke : vimarsana.com

Budget snub: Thousands to go broke


Business
by Jeremy Pierce
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Tourism leaders have continued their attack on the Budget after being shut out of the Federal Government's spending spree.
With no new measures announced on Tuesday night, Queensland tourism operators remain fearful amid dire predictions that up to a quarter of the state's 40,000 tourism businesses will go broke before the coronavirus pandemic is over.
Tourism and Transport Forum CEO Margy Osmond had lobbied for a new round of JobKeeper-style payments for tourism workers affected by the pandemic but was left disappointed by the lack of new initiatives.
"Our tourism industry, the major ongoing economic casualty from COVID with hundreds of thousands of jobs lost so far, has missed out on any major new funding which, put simply, is a recipe for further job losses for our sector," she said.

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