3min chapter

The Joe Walker Podcast cover image

How To Put The Economy Into A Coma - Chris Edmond & Steve Hamilton

The Joe Walker Podcast

CHAPTER

The $88 Billion Stimulus Package for Australia

It's $130 billion over six months, which is roughly one third of our current net debt. But to be honest, in the thin article that you mentioned before, I made the point that Australia was crying about having $88 billion package. And America just passed a package that would be equivalent to about 300 billion in Australia. So it's a big package, but it's, it's about par. It's not out of the league of like normal sizes of stimulus that we would expect in this situation. Right?

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