Consumers told to ‘shop for Australia’
Recipients of the Federal Government’s $10 billion stimulus package have been urged to ‘shop for Australia’ both by the Prime Minister and by executive director of the Australian Retailers Association, Richard Evans. Mr Evans said the cash needed to flow through supply channels in order to prevent job shedding in an ailing economy. The $4.8 billion for pensioners and $3.9 billion for families that arrived in bank accounts this week was criticised by the leader of the opposition Malcolm Turnbull, who believes the money would have been better spent as a tax cut, rather than a one-off payment which was more likely to be saved than spent in the current economic climate.