Relative to GDP Australian government spending to address COVID-19 has been among the highest in the world.  

The Morrison government seems pleased to have been a world leader in mortgaging the future to combat the crisis.  Its package, totalling $320 billion, comprises five elements: 

• The PM’s initially announced health spending $2.4 billion 
• JobKeeper and JobSeeker business support $168.78 billion 
• Credit support$125 billion 
• Access to superannuation$0.876