Australia to subsidise wages of 6 million after coronavirus package approved

SYDNEY (Reuters) - Australia's conservative government will subsidise the wages of 6 million people for at least the next six months after lawmakers approved the country's largest financial stimulus package to cushion the economic blow from the coronavirus pandemic.Citing the threat of a prolonged economic downturn, Prime Minister Scott Morrison's government late last month outlined a plan to pay employees at any company that has seen a 30% reduction in revenues A$1,500 ($928) every..