Australia rescue package the world’s biggest, bar one
May 6, 2020 – 3.46pmAustralia outspent every other country – except Qatar – with the government’s $214 billion fiscal response to COVID-19 pandemic, a new analysis found.In direct fiscal stimulus, Australia is spending 10.6 per cent of GDP including the JobKeeper wage subsidy and cash handouts to households and business. That was the highest rate…