Australia PM considering cash handout as part of fiscal stimulus - Sky News

Australian Prime Minister Scott Morrison is considering cash handouts to ordinary citizens as part of an expected A$10 billion ($6.50 billion) fiscal stimulus package, Sky News reported on Monday. However, the idea was facing fierce opposition from Finance and Treasury officials, Sky added.

Also on the table are wage subsidies for small businesses and business tax incentives as Morrison's government work to combat the economic impact of the coronavirus outbreak. ($1 = 1.5380 Australian dollars)