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Australian Prime Minister Orders Nationwide Lock-Down

Australian Prime Minister Scott Morrison orders a partial lock-down across the country starting midday tomorrow, Monday. On Sunday, the PM met with the National Cabinet – composing of territory and state leaders – to talk over measures to curb the spread of coronavirus as cases rose to 1,354. These new rules follow after most Australians continue to ignore instructions for …

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Second Stimulus Package: What Australians Should Expect

A second stimulus package is currently in consideration after Australian Prime Minister, Scott Morrison, announced a cash injection amounting to $17.6 billion on Thursday last week. Reports say the PM is discussing with Finance Minister Mathias Cormann and Treasurer Josh Fydenberg the possibility of supplementing the previous package as the COVID-19 pandemic worsens. The first package includes a $4.76 billion …

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Government Stimulus Package: PM’s Hope Amid Coronavirus

The government stimulus package for the year 2020 will help prevent a total economic fallout after the coronavirus outbreak wreaks havoc on the stock market this week. The fiscal policy, which could be around $10 billion, will include one-time payments for pensioners, small business owners, and Newstart recipients to prevent job loss and continue the market cash flow. Scott Morrison, …