Government cash to help METS companies keep staff


The federal government has announced a new $66 billion stimulus package, increasing the “safety net” for businesses affected by the coronavirus pandemic.

Australian Mining is reporting that with non-essential business set to close, mining companies are currently allowed to continue operations.

Cash payments for small and medium businesses will now range from $20,000 up to $100,000, marking a significant increase from the $2000 to $25,000 proposed in the first stimulus package.

The payments are designed to help companies keep workers paid and employed as the mining sector bares the brunt of the effects international travel bans will have on business operations.

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