Legislation to implement the Government’s Coronavirus Economic Response Package was introduced in the House of Representatives on Mon 23.3.2020.This package of Bills seek to urgently implement aspects of the Government’s economic stimulus package originally announced on 12 March 2020, and followed up on 22 March 2020 with a second package containing $66.1bn of measures (see related TT article). Also, this article clarifies some of items from the first tranche announcement (see related TT article). These Bills had passed, and received Royal Assent, by the next day (see related TT article).

See below for more detail.

[Tax Month – March 2020]

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