Senate debates Questions without Notice

COVID-19: Economy


Mathias Cormann

Mathias Cormann WA, Liberal Party, Vice-President of the Executive Council

2:06 pm

I thank Senator Brockman for that question. As I've said, we came into this crisis in a stronger, more resilient position as a result of the budget repair work done by our government during our first six years in government. That allowed us to commit to $314 billion worth of support for the Australian economy, nearly 16 per cent of GDP. According to Treasury, that support has helped save 700,000 jobs—

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