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The Commonwealth Government has today released the second stage of its economic plan to cushion the economic impact of the coronavirus and help build a bridge to recovery. A total of $189 billion is being injected into the economy by all arms of Government in order to keep Australians in work and businesses in business.
Initiative: Early Release of Superannuation
Initiative: Reduction in Superannuation minimum drawdown rates
Initiative: Reduction in Social Security Deeming Rates
Initiative: Payments to support households $750 x 2
Initiative: Coronavirus Supplement $550 per fortnight