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The $200b cash stash that's propping up the nation


News
by Matthew Killoran
Premium Content
 
Aussies have amassed more than $200 billion more in savings since the start of the COVID-19 pandemic, which the Morrison Government is banking on seeing the economy through the upcoming March fiscal cliff.
The JobKeeper wage subsidy finishes at the end of March, which will mean businesses will have to survive without the unprecedented taxpayer-funded cash injection.
Treasurer Josh Frydenberg says the $200 billion in extra savings amassed could create jobs if it gets spent. Picture: NCA NewsWire/Gary Ramage
It is understand the government has a watching brief on whether any industry-specific assistance packages will be needed after this, such as the $128 million grant program for travel agents announced in December. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20170506:14:56:00

Neil: what about the business part that we shouldn t care? we should care to a degree because he does wield some influence but free market, i don t care. i want why is cantor fitzgerald, they can get information and it is about healthcare, and opportunity take a deal. they will and kardashian got have $1 million for 10 words. they will take it information and use it to make money, that is what they will do. and he is part of their breed. neil: i want to thank joe and amy and in the meantime, apple s cash stash is over $50 trillion. more than barack obama gets for one speech. a ton of cash in your bank account after this. ....

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Detailed text transcripts for TV channel - MSNBC - 20130405:02:01:00

Detailed text transcripts for TV channel - MSNBC - 20130405:02:01:00
comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.

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