Tag: Finance Minister

Finance Minister Mathias Cormann has signalled an unprecedented economic stimulus package to fight the impact of the coronavirus pandemic. The Morrison government is considering a second round of measures to add to its $17.6 billion economic boost announced last week. Senator Cormann said businesses would close while people lost jobs during the pandemic that’s sweeping […]

The unemployment rate climbed from 4.9 percent in June to 5.1 percent last month; rising a seasonally adjusted 0.1 percent according to the Australian Bureau of Statistics (ABS).