If you are to learn anything from economic history, it is this: at a time when economies need stimulus support, don't leave it too late.

Kevin Rudd

We're not going to argue with the composition of the package or quibble about it. It has our support. It will provide a stimulus to the economy.

Malcolm Turnbull

Greed got the world into this crisis, green will get it out of this crisis.

Bob Brown

Australian Greens

It targets the people most likely to spend it, and most likely to need it - lower-income households.

Greig Gailey

President, Business Council of Australia

This means single, aged pensioners, in particular, who usually barely scrape by, will have little reason to do without this Christmas.

Michael O'Neill

Chief executive, National Seniors Australia

Rudd's plans for a Christmas bonus is great news for consumers who look forward to enjoying the gift-giving tradition of Christmas - and even better news for retailers hard hit by … reduced consumer demand.

Richard Evans Executive director, Australian Retailers Association

This measure will provide an immediate stimulus for new housing and help restore business confidence across the sector, particularly in the building manufacturing sector.

Ron Silberberg Managing director, Housing Industry Association

This will give first-home buyers a chimney to hang their stocking on this Christmas.

Scott Woodcock

Urban Development Institute