TTF urges federal government to implement $7.7bn tourism res

TTF urges federal government to implement $7.7bn tourism rescue package – Travel Weekly


22 Feb
2021
Australia’s Tourism & Transport Forum (TTF) is demanding the federal government urgently consider targeted industry support to the tune of $7.74 billion.
The core of the rescue package, which TTF has dubbed the ‘Tourism Employee and Asset Maintenance (TEAM) program’, is a proposal for targeted assistance of between $1,000 to $1500 per fortnight for each employee of eligible businesses with a 30 per cent to 50 per cent or more downturn in their 2019 turnover.
The TEAM rescue package proposal has been valued at $7.74 billion, covering the period from 1 April 2021 to 31 December 2021, and reviewed quarterly.
If this program is put in place, Australia’s tourism industry could regrow to 75 per cent of its 2019 employment figures and save 318,000 jobs, according to the TTF.

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