Lockdown support measures to help maintain health of economy

“Ai Group welcomes the Federal Government support being provided to businesses and employees affected by lockdown measures. Insulating those worst affected by longer lockdowns will not only help put a cap on the impacts on individuals and businesses, it will help maintain the overall health of the economy,” Innes Willox Chief Executive of the national employer association Ai Group said today.

“We look forward to working closely with the federal and NSW governments to ensure the support measures are as effective as possible.

“The measures announced also provide some comfort to businesses around the country that federal support measures will be in place if other states also enforce long lockdowns on their communities.

“Lockdowns have both immediate and prolonged economic impacts on the economy, hitting business and consumer confidence, spending and investment,” Mr Willox said.

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