“These withdrawals will be tax-free and available to those who are eligible for the coronavirus supplement as well as sole traders who have seen their hours work, or income fall, 20 per cent or more as a result of the coronavirus,” Mr Frydenberg said.
Treasurer Josh Frydenberg said since announcing the first $17.6 billion package 10 days ago the global and domestic economic environment has deteriorated.
“We now expect the economic shock to be deeper, wider and longer,” Mr Frydenberg told reporters in Canberra on Sunday.
Scott Morrison on outrage over Bondi Beach.
Federal and state leaders are considering stricter measures to enforce social distancing, fearing too many Australians aren’t taking COVID-19 seriously enough.
The Prime Minister discussed the vision that emerged on Friday and Saturday of thousands of people at Bondi Beach, ignoring social distancing advice.