It appears all the toilet paper panic buying in the world couldn't save the economy, with Treasurer Josh Frydenberg confirming Australia is in a recession.
Details of the proposed homebuyers grant are still scarce as the government works to finalise the scheme, but early reports say the grant could be around $25,000.
Today the Federal Chamber of Automotive Industries (FCAI) recorded the 26th continuous monthly decline for new car sales - but electric car sales are up.
The House of Representatives Standing Committee on Economics will hear from ME Bank via videoconference today, as a part of an ongoing review into major banks and financial institutions.