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The Times

Government's new $66 billion package will take coronavirus economic life support to $189 billion

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

Small and medium-sized businesses will get up to $100,000 in cash payments in the government’s second stage of emergency assistance, worth a huge $66 billion, to cushion businesses and individuals as the coronavirus cuts a swathe through Australia’s economy.

The package, to be announced Sunday, will bring to a massive $189 billion the...

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