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Government pushed to consider fiscal response

Cash handouts for individuals and corporate income tax rebates for businesses are just some of the options being put forward as the government is urged to contain the economic fallout of the escalating coronavirus crisis.

Government pushed to consider fiscal response
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  • Shared by Accountants Daily
  • March 05, 2020
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On Tuesday, the Reserve Bank of Australia (RBA) became the first central bank to cut official interest rates in response to the developing COVID-19 situation, and was followed closely by the US Federal Reserve making an unscheduled rate cut.

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