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What Australia’s $189bn coronavirus economic rescue package means for you – Accounts NextGen

What Australia’s $189bn coronavirus economic rescue package means for you – Accounts NextGen

Submitted by • April 15, 2020 tinyurl.com

Government unveils an extra $550 a fortnight for the unemployed, wage subsidies for small businesses, early superannuation access, and support to retain workers.

The government has announced a second major economic rescue package worth $66bn, on top of an initial $17.6bn package and more than $100bn in emergency banking measures to prevent against a credit freeze.

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