The Commonwealth Government has today released the second stage of its economic plan to cushion the economic impact of the coronavirus and help build a bridge to recovery.

A total of $189 billion is being injected into the economy by all arms of Government in order to keep Australians in work and businesses in business.

This includes $17.6 billion for the Government’s first economic stimulus package, $90 billion from the RBA and $15 billion from the Government to deliver easier access to finance, and $66.1 billion in today’s economic support package.

Our economic support package includes:

• Support for households including casuals, sole-traders, retirees and those on income support
• Assistance for businesses to keep people in a job
• Regulatory protection and financial support for businesses to stay in business

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SUPPORTING AUSTRALIAN WORKERS AND BUSINESS

PRESS CONFERENCE – AUSTRALIAN PARLIAMENT HOUSE, ACT – TRANSCRIPT – 22 Mar 2020