Noosa News
How Queensland loaned $1 billion to people who may never pay it back
Friday February 12, 2021
Next month, not only will JobKeeper end, but the Palaszczuk Government will learn how many businesses are unable to pay back COVID-19 loans.
Treasurer Cameron Dick will consider further support for sectors and regions hit hard by the pandemic-led downturn in the next state budget. (Photo: AAP Image/Darren England)
Soon after the pandemic hit, the Government launched the $1 billion COVID-19 Jobs Support Loans Scheme, administered by the Queensland Rural and Industry Development Authority, to help businesses retain staff.
Within the first three months, 6,825…
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