Business
Is the cashed up Reddit army forming for a new charge?
You may have heard that our counterparts in the United States are about to receive some fat cheques in the mail, courtesy of Uncle Sam. It’s all part of the US$1.9 trillion (AU$2.5 trillion) pandemic recovery bill US President Joe Biden managed to get through Congress. And it will see every eligible person (those making less than US$75,000 per year individually or couples making up to US$150,000 per year) receive a stimulus cheque of US$1,400. If your kids or dependent parents live with you, they get a US$1,400 cheque too.
While similar measures haven’t been embraced by the Australian government, come tax time many Aussies will see a big lift in their tax refunds.
Many analysts are predicting this could be the fuel that ignites…
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