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Published by Foez Dewan
Mar 25, 2020 in Commercial

Federal Government’s fight against COVID-19 ramps up – the implications of the second stimulus package for distressed SMEs and small lenders

Today, the Federal Government has seen its second stimulus package, to combat the economic challenges Australia faces in the wake of the coronavirus pandemic, enter into law. The stimulus package, valued at about $189 billion, and representative of about 9.7% of Australia's annual GDP, contains support in the form for individuals and households, business and for the flow of credit (Second Stimulus Package). We outline some important aspects...
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