Wage guarantee to be ‘one of the most consequential decisions in modern history’

The Morrison's forthcoming wage guarantee will be critical in ensuring unemployment does not spiral to 20 per cent during the coronavirus pandemic, according to Sky News Political editor Andrew Clennell. Workers cast out by the coronavirus crisis are expected to receive some relief as the government finalises the details of a wage subsidy package set to be announced on Monday. Sky News Political Editor Andrew Clennell said Treasury was modelling advice to the government off of similar schemes in New Zealand and the Netherlands. He said the decision to subsidise workers in order to keep them connected with their workplaces is one the "most important decisions" taken by the Morrison government during this pandemic. Via news.com.au — Australia’s #1 news site https://www.news.com.au