[VIDEO] Ticker News
“The government’s announced increased support for the tourism travel agent sector, so it’s a big number in the hundreds of millions of dollars. Again, the devil will be in the detail how much will be available to individual businesses and how easy will it be to get it those two things are very important.”
Bill Lang joined Holly Stearnes from Ticker News to discuss the federal budget.
You can watch the segment via the following YouTube video or read the highlights of the transcript below.
(Read time: 1 min)
Holly Stearnes
One industry, obviously, that was heavily impacted was the tourism, the aviation with international borders closed, but also the other side of it that stopped international students coming in. So that goes on to affect, you know, universities and that kind of thing. And it really has a flow on effect to 1000s of businesses underneath that as well. Is there any support in there for those kinds of industries?
Bill Lang
So look, the government’s announced increased support for the tourism travel agent sector, so it’s a big number in the hundreds of millions of dollars. Again, the devil will be in the detail how much will be available to individual businesses and how easy will it be to get it those two things are very important. Entertainment and events festivals a fund is being made available there again, to help facilitate the events and the festivals getting back on their feet. So, you know there are real positive with respect to industries like that and there are some other industries where they are providing you know, some targeted support.