Eerie before and after footage of tourism capitals now closed amidst the coronavirus pandemic

People forced into unemployment by the coronavirus outbreak will receive an additional $550 a fortnight, as party of the Federal Government’s new coronavirus economic plan.

Prime Minister Scott Morrison and Treasurer Josh Frydenberg have given an extraordinary press conference from Canberra this morning where they announced a second stimulus package to the tune of $66 billion, which includes temporarily doubling the JobSeeker allowance (formerly known as Newstart) to a maximum of more than $1100 a fortnight.

RELATED: Everything announced in government’s second stimulus package

RELATED: Follow all our coronavirus news live as it happens

The second package brings the total economic stimulus to $189 billion, about 10 per cent of Australia’s GDP.

"We now expect the economic shock to be deeper, wider and longer," Mr Frydenberg told reporters in Canberra on Sunday.

The allowance will be paid at a rate of $550 per fortnight over the next six months, on top of usual payments.

It will be given to existing and new recipients of the JobSeeker Payment, Youth Allowance, jobseeker, Parenting Payment, Farm Household Allowance and Special Benefit.

The government is increasing the staff of Services Australia by 5000.

The cost to the budget is $14.1 billion over the forward estimates.

Asset testing for the payments will be waived for the six-month period, while income testing will still apply to the individual’s other payments, consistent with current arrangements.

The one week Ordinary Waiting Period has also been waived.

To fast track access to payments, the Liquid Asset test Waiting Period (LAWP) and the Seasonal Work Preclusion Period (SWPP) will also be waived for recipients eligible for the supplement.

This includes people currently serving a LAWP, who will no longer need to serve that waiting period. For more information visit treasury.gov.au.

In addition to the $750 stimulus payment already announced on March 12 and due to gonout at the end of the month, the government will provide a further $750 payment to social security and veteran income support recipients and eligible concession card holders.

The government is also allowing those going through financial difficulty to access up to $10,000 of their superannuation in the 2019/20 financial year and a further $10,000 in 2020/21, tax-free.

“These withdrawals will be tax-free and available to those who are eligible for the coronavirus supplement as well as sole traders who have seen their hours work, or income fall, 20 per cent or more as a result of the coronavirus,” Mr Frydenberg said.