An extra 750 Australian dollars will hit the bank accounts of millions of Australians from today as the government starts paying out on its promised coronavirus stimulus package.
The one-off payment is tax free and designed to soften the blow of economic fallout related to COVID-19.
It's estimated the measure will cost taxpayers $AUD4.8 billion, but it's just a small part of the Australian Federal Government's $AUD320 billion coronavirus support package.
The government has said most eligible Australians will start receiving the payment from March 31 to April 17 this year.
[Source: 9news.com.au]
