9News understands aviation and tourism are at the top of the list for extra support.
The package could be delivered in a number of ways, with possible measures including discounted airfares.
Another potential option, a retention payment to keep workers, would essentially serve as a continuation of JobKeeper in a more targeted form.
Recent data revealed a staggering fall in the number of people leaning on the JobKeeper subsidy, ahead of its cut-off on March 28.
About 520,000 employers and 2.13 million employees have graduated from the JobKeeper program since September last year, which means they are no longer claiming the supplement.
The new payment was introduced when the pandemic hit and many were unable to work.
A total of 1.54 million workers were supported by the program in December 2020, down from 3.6 million recorded in the month of September 2020.