13 03 2020
In response to the COVID-19 pandemic, the government has announced its plan to implement a $17.6 billion stimulus package to support businesses and boost the economy. The stimulus package will be introduced to Parliament at the next sitting (week commencing Monday, 23 March). Whilst it is highly expected that it will be passed, this remains uncertain and so taking any action before the laws are passed requires very careful consideration. The proposals may or may not be implemented as announced and there may be additional detail not currently provided in the announcement for eligibility.