Almost 60,000 businesses sign up to the federal government's $130 billion wage subsidy scheme

Businesses have rushed to sign up to the federal government's $130 billion wage subsidy scheme, with about 60,000 signing up since its announcement on Monday.

Treasurer Josh Frydenberg expects the wage subsidy plan will help six million Australian workers. Source: AAP

Businesses are rushing to sign up to the federal government's $130 billion plan to subsidise wages during the coronavirus pandemic.

Almost 60,000 businesses had signed up for the scheme within hours of it being announced on Monday afternoon.

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