Media release
Supporting Australian workers and business
Publisher
Income support
Pensions
Access to superannuation
Direct payment
Emergency funding
Means tests
Concessions
Economic stimulus
Government expenditure
Social security
Australia
Description
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
Publication Details
Access Rights Type:
open
Post date:
26 Aug 2020
