This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/world/asia-pacific/8065525.stm
The article has changed 3 times. There is an RSS feed of changes available.
| Version 1 | Version 2 |
|---|---|
| Australians get stimulus handouts | Australians get stimulus handouts |
| (about 1 hour later) | |
| Australians are getting bonus payments worth US$700 (£440) - the largest cash handouts in the country's history. | |
| The payments, aimed at protecting a flagging economy from the worst effects of a recession, will cost the government a total of $33bn. | The payments, aimed at protecting a flagging economy from the worst effects of a recession, will cost the government a total of $33bn. |
| Recipients are being urged to spend the money to keep their fellow Australians in work. | Recipients are being urged to spend the money to keep their fellow Australians in work. |
| A previous stimulus package aimed at pensioners and parents at the end of last year has been hailed a success. | A previous stimulus package aimed at pensioners and parents at the end of last year has been hailed a success. |
| The government said a jump in retail sales had shown that the handout policy was working. | The government said a jump in retail sales had shown that the handout policy was working. |
| About half of the Australian population will receive the new payments. | About half of the Australian population will receive the new payments. |
| Ministers hope that giving cash to low- and middle-income workers, as well as families with schoolchildren, will help to revive the economy. | Ministers hope that giving cash to low- and middle-income workers, as well as families with schoolchildren, will help to revive the economy. |
| Common good | Common good |
| It is estimated that about a fifth of the cash bonuses so far have been spent on non-essential items, such as clothes and cosmetics. | It is estimated that about a fifth of the cash bonuses so far have been spent on non-essential items, such as clothes and cosmetics. |
| Margy Osmond from the National Australian Retail Association says the money is offering some help to struggling businesses. | Margy Osmond from the National Australian Retail Association says the money is offering some help to struggling businesses. |
| "We've already seen some impact from the stimulus package before Christmas," she said. | "We've already seen some impact from the stimulus package before Christmas," she said. |
| Australia has fallen into recession following the collapse of the mining sector. | Australia has fallen into recession following the collapse of the mining sector. |
| With unemployment expected to rise significantly, recipients of the government's money have been urged to spend it for the good of the nation. | With unemployment expected to rise significantly, recipients of the government's money have been urged to spend it for the good of the nation. |