NAT 010/20: The Federal Government’s Economic Response to the Coronavirus (COVID-19) pandemic:
On Thursday 12 March the Federal Government announced a set of measures aimed at protecting the economy by maintaining confidence, supporting investment and keeping people in jobs including by increasing cash on hand for many households and smaller businesses. The Economic Response targets four key areas:
• Delivering support for business investment;
• Cash flow assistance for employers (including to assist retain apprentices and trainees);
• Stimulus payments to households to support growth; and
• Assistance for severely affected regions.
