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Australian Coronavirus Response

The Coronavirus 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 of $259 billion represents fiscal and balance sheet support across the forward estimates of 13.3 per cent of annual GDP. Direct fiscal measures are equivalent to around 6.9 per cent of GDP.

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.

These actions have put a floor under the economy during this extraordinary time, and have set the foundation for a strong economic recovery once the Coronavirus crisis passes.

Flow of Credit supported through Coronavirus SME Guarantee Scheme

Category: Australian Coronavirus Response
Flow of Credit supported through Coronavirus SME Guarantee Scheme. Under the Coronavirus SME Guarantee Scheme, the Government is supporting up to $40 billion of lending to SMEs by guaranteeing 50 p...

Supporting Individuals and Households through Coronavirus

Category: Australian Coronavirus Response
Supporting Individuals and Households through Coronavirus. The Government is providing financial assistance to Australians to support them through the economic impact of the Coronavirus. 

Coronavirus Resources

Category: Australian Coronavirus Response
Coronavirus Resources, the Coronavirus pandemic has presented a fast evolving and significant challenge to global health systems and economies.

Homebuilder provides eligible owner-occupiers with a grant

Category: Australian Coronavirus Response
HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home. HomeBuilder will assist the resid...

Businesses and Employers receive government assistance

Category: Australian Coronavirus Response
Businesses and Employers receive Government assistance to help business withstand the impact of the coronavirus and encourage an economic recovery into the future.
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