03.30.2020 - By Wise Accounting Pty Ltd
The third tranche of the government stimulus package has just been announced, and this is centred around a $130 billion stimulus payment, with indications the Government are not done yet. The Government has now contributed $320 billion to the Coronavirus fight, which accounts for 16.4% of GDP.
This latest stimulus package is built around a $1,500 per fortnight gross payment to employees.