Posted
March 12, 2020 10:44:28
The Federal Government has announced a $17.6 billion economic stimulus package in a bid to keep Australians in jobs as the economy takes a hit from the spread of coronavirus.
Prime Minster Scott Morrison said the package would provide an immediate stimulus to the economy amid fears Australia could slip into a recession.
The package includes tax relief for small businesses, one-off cash payments for welfare recipients and money to help keep apprentices in work.
More to come.
Topics:government-and-politics,
federal-government,
health,
diseases-and-disorders,
infectious-diseases-other,
government-and-politics,
disease-control,
australia