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.

Australians are queuing up outside Centrelinks office to claim the coronavirus supplement Source: SBS

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.

Treasurer Josh Frydenberg expects the plan will help six million Australian workers.

"Australia's never seen income support like this," he told Sky News on Tuesday.

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