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More like $101 billion to date (over 6 months). They announced 130bn initially, then revised that down by 60 due to an accounting error. I think there was need
by dwd 6y ago
More like $101 billion to date (over 6 months).
They announced 130bn initially, then revised that down by 60 due to an accounting error. I think there was need for an additional 15bn with Victoria going back into lockdown and some other extensions.
Probably well spent as any money you give directly to workers quickly circulates back into the economy. There's no trickle down, but it definitely floats to the top.