Coronavirus (COVID-19) updates from the Australian Government

Economic Response to the Coronavirus

The Coronavirus pandemic has presented a fast evolving and significant challenge to global health systems and economies.

The Government has acted decisively in the national interest to support households and businesses and address the significant economic consequences of the Coronavirus.

The Government’s economic support package has provided timely support to affected workers, businesses and the broader community, and has kept Australians in work, and businesses in business.

The 2020-21 Budget provides additional support in response to the economic effects of the Coronavirus pandemic. The Government is committed to ensuring Australia emerges from the pandemic with a stronger, more resilient, and more competitive job-making and income-generating economy.