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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.
The Prime Minister has warned that there are no “quick solutions” and that business should prepare for 6 months of disruption.
The Federal Government has unveiled its latest economic stimulus with the release of the JobKeeperpayment, aimed at supporting employers to retain their workforce while managing through the commercial disruption of COVID‐19.