Finance

The Australian government has outlined its $130 billion wage subsidy program to keep businesses open and workers employed. So what do the experts think?

Prime Minister Scott Morrison has announced a new tranche of business closures, keeping shopping centres open but urging Australians to stay home.

New sales figures reveal grocery hoarding could tip the retail sector into positive growth in March, but the outlook beyond that remains bleak.

Now isn’t the time to focus on stimulus, says Adam Schwab. Instead, governments need to do everything in their power to stop the cause of the COVID-19 pandemic.

Nobody likes talking about the COVID-19 endgame, but Australia needs to choose one. It will determine the number of avoidable deaths and hospital admissions, and the deep and systemic effects on Australia’s economy and society.

Northern Territory Chief Minister Michael Gunner has urged territorians to keep placing takeaway food orders during the COVID-19 pandemic to help small businesses survive.

The federal budget has been postponed, Netflix is too powerful for Aussie internet providers, and Gerry Harvey is cashing in on coronavirus.

Just 10 days after announcing its coronavirus stimulus package, the Morrison government has released a second, beefed-up and more robust version.

The Victorian government will begin refunding payroll tax payments to businesses across the state this week as part of its economic stimulus package in response to the COVID-19 pandemic.

The closure of Aboriginal lands to visitors in response to COVID-19 means tourist visits stopped abruptly, along with the income from buying art they provided.

The federal government and the Reserve Bank of Australia have pumped $105 billion into banks and lenders, to try to get credit to struggling SMEs.

Australian banks are set to defer repayments of small business loans for six months, for SMEs affected by the ongoing coronavirus crisis.