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Old 01.05.2020, 08:30
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Australian govt business support in the Corona crisis.

Seems they do more than the Swiss govt for small businesses?

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Old 01.05.2020, 22:55
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Re: Australian govt business support in the Corona crisis.

Oz, Canada, UK and USA have gone the distance to alleviate cash flow problems for small businesses in either grants or loans. Given the scale of the problem, the effectivness is still to be improved (some huge businessed taking advantage and claiming these relief measures ). Switzerland's response has been measured. At first starting with a paltry 20B, injection in the economy but they have scaled it to include small businesses support later. However, the on ground situation is still desperate and the Fed council accepted recently that they under estimated the scale of the problem.
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