Stimulus Package - 1492 Words
The Global Financial Crisis (GFC), a crisis that started in August 2007 and continued through to 2008, saw many countries around the world enter a recession. In response to the crisis, Australia, along with the G20 member countries, made a commitment to provide timely stimulus to domestic demand while maintaining a sustainable medium-term fiscal strategy (Swan & Tanner, Updated Economic and Fiscal Outlook, 2009, p. 35).
In December 2008 the government introduced a $10.4 billion stimulus...
1,492 Words | 4 Pages