A second wave of stimulus payments are set to hit millions of bank accounts this week.

$750 will be available to around five million low-income households; a total of $3.8 billion will be handed out in an attempt to boost the economy.

“People who are going to get this $750, are people who have Not received jobkeeper or jobseeker. They must be living in Australia and they must be eligible for payment via a concession card,” Finance Guru, Scott Haywood, told 6PR Breakfast.

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