EYEY

Australia enacts economic stimulus and support measures – Action required by business

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Australia

Executive summary

On 23 March 2020, the Australian Federal Government introduced a package of Bills which the Australian Parliament then passed to enact the measures announced on 12 March and 22 March 2020 which are intended to cushion the economic impact of the coronavirus (COVID-19).

The cost of the Federal Government measures including its health package funding is now AU$189 billi…

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