NHC 1.65% $4.32 new hope corporation limited

Ann: New Acland Stage 3 Update, page-15

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    lightbulb Created with Sketch. 478
    they want to get the workers onside, by giving them a 50% wage subsidy and taxing the coal company to pay for it. I think coal miners earn around 200K a year, so they will pay 100K a year, for 10 - 12 years lol

    What if they can’t find a job?
    The Job-for-Job Guarantee package will provide 50% of a coal worker's wage for a decade, provided as a wage subsidy to employers who provide an equivalent paying job. Workers over 55 will be able to receive the wage subsidy for up to 12 years as they transition to retirement. Workers who cannot find alternative work can receive the subsidy directly.

    How will you pay for it?
    Coal companies will pay for it through our plan to tax Australia’s billionaires and big coal and gas corporations.
 
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