Unions have welcomed strong indications from the Prime Minister that the Government is preparing for a second stimulus package for the Australian economy.

ACTU President Sharan Burrow said the threat to the economy and to jobs had not lessened since the $10.4 billion injection into the economy late last year, and a new stimulus had to target immediate job starts.

“This is good news that the Prime Minister is proposing another stimulus package, which is absolutely essential as the outlook for the global economy becomes bleaker by the day,” Ms Burrow said.

“The next stimulus must be aimed at jobs that can be brought on stream from day one – jobs that can start now. continue reading