Coronavirus stimulus package announced after serious market losses

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The Prime Minister has announced a stimulus package will be introduced to preserve jobs as the coronavirus threat increases. AusPol 9News

"I spoke to Coles and Woolworths on the way in," he told reporters in Canberra."It is important that people just go about their business and their normal processes in a calm manner."Chief Medical Officer Brendan Murphy said there was "no reason for people to panic buy".

"We do have a very advanced pandemic plan, we are working across every part of the health system to make sure that we are prepared for any eventuality," he said. "But at this stage, we have small numbers of cases that are controlled and the community can be reassured that there is no reason to change normal behaviours."

 

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Took longer for scomo to do something for bush fire area than corona virus. But i guess 240 days of bush fires isnt that bad for the economy

An increase to Newstart? Highly unlikely!

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