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Australian Finance Minister Corrmann Discusses A$17.6 Billion Stimulus

Mar.11 -- Australian Finance Minister Mathias Cormann talks about the government's A$17.6 billion ($11.4 billion) fiscal stimulus plan that's aimed at supporting the economy amid the coronavirus outbreak. The program announced by Prime Minister Scott Morrison Thursday includes A$1.3 billion to safeguard the jobs of 120,000 apprentices and one-off cash payments to welfare recipients and lower-income households. Cormann speaks with Haidi Stroud-Watts on "Bloomberg Markets: Asia."