The Federal Government announced a new $1.2 billion support package for the tourism and aviation industries. The package includes:
- Tourism Aviation Network Support (TANS) program, which halves the cost of up to 800,000 airfares (or around 45,000 seats a week) to drive recovery in regions reliant on international tourism. You can read more about the TANS program below.
- Extending the $50.0 million Business Events Grants program by three months to support the events sector.
- Extending the $94.6 million Zoos and Aquarium program by six months, so that zoos, aquariums and wildlife parks maintain their animal populations.
- A further support package for travel agents, so they can continue to process refunds and hold credits for Australian consumers. More details on this measure will be announced shortly.
In addition, the Small Medium Enterprise Loan Guarantee Scheme will be extended.