It will be interesting to see how big an impact this stimulus payment actually has. I suspect that all the bad economic news over the past 6-12 months has tempered Australian consumers love affair with debt-fueled consumption. Perhaps most recipients of this largesse will use it to repay CC debts, or perhaps make an undeducted $1000 contribution into their superannuation fund (and thereby get another $1500 from the government via the co-contribution)?
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