Updated
March 23, 2020 15: 59: 46
Coronavirus is having an enormous impact on the economy.
In a bid to soften the blow, Prime Minister Scott Morrison has announced more money will be given to welfare recipients.
The Government is also helping more people access welfare payments by waiving some asset tests and waiting periods.
“We will be supercharging our safety net,” Mr Morrison said on Sunday.
“This is focusing on those who are going to feel the first blows.”
There were a couple of announcements in yesterday’s press conference, but the payment Australians seem most interested in, according to Google search results, is one called the Coronavirus Supplement.
What is the Coronavirus Supplement?
It’s an additional top-up payment for people on welfare.
How much is the Coronavirus Supplement?
It is worth $550 a fortnight ($275 a week). It means the JobSeeker Payment, which used to be known as Newstart, will effectively double.
Who is eligible for the Coronavirus Supplement?
It goes to anyone re