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The First Stimulus Package: The Government has announced a $17.6 billion investment package to support the economy as we brace for the impact of the coronavirus. The four-part package focuses on business investment, sustaining employers and driving cash into the economy. In Summary Business Business investment Increase and extension of the instant asset write-off Accelerated depreciation deductions Cash flow assistance for small and medium-sized business Tax-free payments up to $25,000… Read more
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