SYDNEY (Reuters) - Nearly half the workers at private firms in Australia's Victoria state, around 1.5 million people, will receive a federal wage subsidy as a surge of coronavirus cases forces a near total lockdown in the state, Treasurer Josh Frydenberg said on Friday.
The figure illustrates the economic pain of a six-week lockdown of Melbourne, the capital of Victoria and the country's second largest city, which will see shops and businesses shuttered and five million inhabitants required to stay home.
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