US passes coronavirus relief

By Lachlan Maddock
 — 1 minute read

The multi-trillion dollar relief package includes billions for business bailouts and income support for Americans. 

The S&P 500 and the ASX rose ahead of the announcement of the US$2 trillion dollar package, which has just been passed by the Senate. 

It guarantees payments of up to $1200 for each adult and a boost to unemployment payments, as well as a $500 billion pool of taxpayer fund for states or businesses damaged by the coronavirus. Airlines and businesses important to national security will also receive bailouts. 


More to come. 



Stimulate new ideas. Stimulate new thinking. Top up your CPD and hear from industry experts with InvestorDaily’s Knowledge Centre. Keep up to date with the latest trends and reforms, all while adding to your CPD. Explore the knowledge centre Knowledge Centre now. 

US passes coronavirus relief
ID logo


related articles

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.