A tax-based cashflow boost for tourism businesses is shaping up as the most likely industry support to replace JobKeeper once the wage subsidy ends, according to sector sources as they warn a "serious" economic cliff is looming.
Industry groups say it appears increasingly liked that there will be no tourism-specific wage subsidy to replace JobKeeper after March, despite it being their preferred option.
A cashflow boost through the Australian Tax Office, similar to what was seen at the start of the pandemic lockdowns, has been discussed.
Tourism Minister Dan Tehan wants a temporary, targeted support to replace JobKeeper for tourism businesses. Picture: Brendan Radke