‘Aussies to keep economy ticking with $200bn in savings’
The government is counting on Aussies to use their savings to drive economic recovery once temporary support measures are wound back at the end of March.
According to new Treasury data, households and businesses have stockpiled a wealth of $200 billion during the COVID-19 pandemic, having tightened their spending habits on the back of economic uncertainty in 2020.
Read more at Nestegg.
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