Australia outspent every other country - except Qatar - with the government's $214 billion fiscal response to COVID-19 pandemic, a new analysis found.
In direct fiscal stimulus, Australia is spending 10.6 per cent of GDP including the JobKeeper wage subsidy and cash handouts to households and business. That was the highest rate of all advanced economies.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
