Australian economic stimulus package: how much governments have committed to coronavirus crisis

Measures total $213.6bn from the commonwealth, $11.8bn from the states and $105bn in RBA-government lending

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The $130bn support package announced by the Morrison government on Monday is the largest plank in a raft of measures to keep Australians in jobs and support those out of work, unprecedented in its scale.

Every state and territory has announced stimulus packages that, along with the impact of Covid-19-related closures on their revenue, are expected to put them all in deficit.

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from World news | The Guardian https://ift.tt/2xF0ciw