The Australian Household Stimulus Package
Lessons from the recent economic crisis
Publication date: 2013-09
Innocenti Working Papers
No. of pages: 22
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This paper focuses on a portion of the Australian fiscal stimulus and in particular on the 2009 Household Stimulus Package composed of three main cash payments: the Back to School Bonus, the Single Income Family Bonus and the Tax Bonus for Working Australians. The aim of this paper is to investigate the effectiveness of these bonus payments in reducing poverty and stimulating consumption. In addition, our analysis gives special attention to these outcomes among children and poor people, due to their increased vulnerability during times of crisis.