#Recession #Economy #HeiseSays
Stimulus spending will now equal about 9.7% of our GDP.
Watch on YouTube
References
Federal Government’s second stimulus package offers $66 billion worth of measures for coronavirus-hit economy
https://www.abc.net.au/news/2020-03-22/coronavirus-economy-second-stimulus-package-federal-government/12078476
Coronavirus: Scott Morrison to announce $66 billion in new stimulus measures
https://www.news.com.au/lifestyle/health/health-problems/coronavirus-scott-morrison-to-announce-66-billion-in-new-stimulus-measures/news-story/13f58e1189743c89afb177bce99fb91a