The cost of the new scheme is estimated to be $510 million. The cost will be covered by the underspend in the wage subsidy appropriation, so we will not be dipping into the $14 billion that has been set aside from the COVID response and recovery fund. It is important to note that the existing wage subsidy extension is still open for applications until 1 September. Some firms who may have thought that they were not eligible for this scheme may wish to reconsider in light of the impact of the current restrictions on their business.