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The Stimulus Package: Latest Update

The Government have announced investment packages to support the economy in response to the escalating economic impact of the COVID-19 pandemic.

This initial package has been expanded with a further announcement on 22 March that brings the consolidated assistance provided by the Federal Government to $189 billion.

Our team at Collins & Co will assist you to get the best outcome for you and your business.

The stimulus package is focused on supporting business investment, providing cash flow assistance, targeted support and household stimulus payments

The Prime Minister has warned that there are no “quick solutions” and that business should prepare for 6 months of disruption.

 

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