Australian Prime Minister (PM) Scott Morrison revealed on Monday, his government is considering a Kevin Rudd-style cash handout as part of its multi-billion-dollar coronavirus stimulus package. Additional points “The Coalition will also consider dishing out hundreds of millions in cash to small businesses – most likely those with a turnover of $50 million or less – in wage subsidies to keep the economy going and attempt to keep people in jobs. Also on the table are business tax incentives, including potentially increasing the asset write-off under which businesses with a turnover of between $10 million and $50 million are able to claim the full amount of a capital cost – like buying a van or a trailer – up to $30,000. That write-off could be increased to $50,000 for example.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Breaking: Bitcoin price dives under $8,000: It’s a sellers field day FX Street 2 years Australian Prime Minister (PM) Scott Morrison revealed on Monday, his government is considering a Kevin Rudd-style cash handout as part of its multi-billion-dollar coronavirus stimulus package. Additional points “The Coalition will also consider dishing out hundreds of millions in cash to small businesses – most likely those with a turnover of $50 million or less - in wage subsidies to keep the economy going and attempt to keep people in jobs. Also on the table are business tax incentives, including potentially increasing the asset write-off under which businesses with a turnover of between $10 million and $50 million are able… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
