A $66 billion economic stimulus package was announced earlier today by the Federal Government with a request to all Australians to cancel all non-essential travel in the face of the COVID-19 pandemic.

Prime Minister Scott Morrison said that the National Cabinet will meet again tonight to go over enforcing stricter social distancing, following the temporary closure of Bondi Beach after hundreds of people failed to adhere to government spacing requirements yesterday.

“The measures that we will be considering tonight means that state premiers and chief ministers may have to take far more draconian measures to enforce social distancing,” Mr Morrison said.

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In terms of financial aid the PM announced that small businesses will receive cash payments up to $100,000 with a category of welfare recipients that are more at risk receiving another $750 on top of their forthnightly allowance.

In addition, those on Jobseeker Payment, (formelly known as Newstart) will be seeing an additional $550 a fortnight.

The payment will be made available to sole traders and causal workers, provided they meet income tests.

Finally, the Government will also allow people to access up to $10,000 from their superannuation this financial year and in 2020-21.

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