Temporary relief for financially distressed businesses

The economic impacts of the Coronavirus and health measures to prevent its spread could see many otherwise profitable and viable businesses temporarily face financial distress. It is important that these businesses have a safety net to make sure that when the crisis has passed they can resume normal business operations. One element of that safety […]

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Understanding the JobKeeper Package

Courtesy of the Bankwest Curtin Economic Centre. Undertanding the Jobkeeper Package. Tomorrow the $130 billion JobKeeper package will be introduced into the Australian Parliament. This is one of the most significant pieces of policy in Australia’s history.

It is essential that we know who will be impacted and how, and whether adjustments can and should be made to make the package more inclusive and equitable. Read More…

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Australian Government Delivering Support for Business Investment Fact Sheet

The Australian Government is backing business investment with a 15 month time limited investment incentive to support business investment and economic growth over the short-term by accelerating depreciation deductions, and encouraging a stronger economic recovery following the Coronavirus outbreak.. Read more …

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Australian Government: JobKeeper Payments Business Response

On 30 March, the Government announced the $130 billion JobKeeper Payment to help keep Australians in jobs as we deal with the significant economic impact from the Coronavirus. This brings the Government’s total support for the economy to $320 billion across the forward estimates, representing 16.4 per cent of annual GDP. Read more.

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Australian Taxation Office – Workshops and Webinars

We offer a range of webinars for small businesses that are designed to help you, to make managing your tax and super responsibilities easier. They will show you how to use our online tools, where to find other services and resources to help and support your business and free-up valuable time for you to spend on your business, not on your books. In response to the Australian Government’s announcement advising against holding non-essential gatherings, our face-to-face workshops are currently on hold. However; in the meantime, you can register for an online webinar. Webinar topics include tax essentials, good record-keeping and employer essentials.

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H&R Block Accountants: Covid-19 Advice

The Government’s economic response to support households and business through the period ahead is designed to support businesses in managing short-term cash flow challenges, provide support to individuals, severely affected communities and regions, to ensure the continued flow of credit in the Australian economy and to ensure that employers can maintain connections with employees during this difficult period.1. Support for BusinessesJobKeeper PaymentOn 30 March

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