Today The National Retail Association NRA welcomed the announcement by the Prime Minister, saying the National Tenancy Framework strikes a sensible balance between the interests of tenants and landlords and would maximise the chances of small business survival. Under the framework, businesses suffering a major downturn as a result of COVID-19 will be eligible to […]
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Prime Minister Scott Morrison yesterday announced a $130 billion economic stimulus package to help keep Australians in jobs – the third and largest economic stimulus package yet. With the JobKeeper payment, businesses will receive a fortnightly wage subsidy of $1,500 per employee for up to 6 months. The payment is designed to keep people in work and support employers to […]
We are here to help you Yesterday the government announced further measures to assist small business. These additional amounts will help many businesses to keep their doors opened. If you have any questions or comments, please speak to us or your accountant. Below is a summary of those changes. 1. BUSINESS INVESTMENT The following measures […]
This week the government announced a number of administrative measures for businesses experiencing financial difficulty in addition to the economic stimulus package announced last week. Today The Australian Banking Association announced a small business relief package which will allow small businesses to defer any business loans by 6 months. You can read here for more […]
On 12 March 2020, the Federal Government announced that it will take new measures to help boost the economy and save jobs. The stimulus package worth nearly $18 billion will benefit businesses and individuals. Below is a summary of the key measures outlined and what they could mean for you. Please reach out to us or […]