The Federal Government has announced a $130 billion wage subsidy package that will see around six million workers receive a flat payment of $1500 per fortnight through their employer before tax.
The Federal Government has released the second stage of its economic plan for the impact of the coronavirus.
The Federal Government is seeking to unlock billions of dollars in capital for nation building infrastructure through tax incentives for projects worth more than $500 million.
The federal government announced it will deliver an additional $2.2 billion in road safety funding for the Roads to Recovery Program, Black Spot Program and Heavy Vehicle Safety Initiative.
The Federal Government aims to enhance access to funds for small business through the introduction of a $2 billion Australian Business Securitisation Fund and encourage the establishment of an Australian Business Growth Fund to provide longer term equity funding.