Australia’s biggest ever economic rescue plan is a ‘war time stimulus package’

Australia’s biggest ever economic rescue plan is a ‘war time stimulus package’

Sky News host Peter Gleeson says the government’s historic $130 billion wage subsidy which will see up to 6 million workers receive $1,500 fortnightly from their employers is a “war time like stimulus package”.

The Australian is reporting the government’s new JobeKeeper scheme is the “centerpiece of Australia’s biggest ever rescue package” and aims to “keep businesses open throughout the COVID-19 economic crisis”.

The Courier-Mail’s Damien Tomlinson says the package is “real money going into the hip pockets of ordinary Australians” and is necessary given “we are in the crisis of a lifetime”.

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