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Coronavirus: Federal Government passes $83.6b economic stimulus package to support Australians

  • wilson079
  • Mar 24, 2020
  • 1 min read

Federal parliament has passed the coronavirus economic stimulus measures designed to cushion the sledgehammer blow of the coronavirus. A series of bills was approved last night, with two packages worth $17.6 billion and $66 billion at the heart of the Morrison government's response. In separate legislation, the government set aside a further $40 billion for urgent and unforeseen spending associated with the pandemic, likely to cause a recession.

 
 
 

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