Pressure is building on the Morrison government ahead of stimulus mark II to look after people suddenly out of workCoronavirus has delivered a hammer blow to Australia's economy. Airlines and travel companies have been hit particularly hard, but the pain has been felt across the spectrum. That’s bound to make investors in debt-laden companies such as Seven West Media even more nervous than they already are. On top of that, it will buy government bonds from banks to inject yet more cash into the banks. Older readers may remember that last week Morrison delivered a $23bn stimulus package, aimed largely at small business.

Source: The Guardian March 20, 2020 18:56 UTC