The Federal Government is considering a radical suite of measures to effectively put the economy into hibernation, allowing businesses to emerge after the coronavirus crisis, and resume and rehire without crippling debts.

As the Government prepares to unveil its third economic rescue package “within days”, policies are being developed to help business owners see out the crisis without having to walk away from their companies.

Banks, lenders and landlords would all be asked to wear some of the pain, waiving all overheads including rents and mortgage repayments for at least the next six months.



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