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 net is to lessen the threat of actions that could unnecessarily push them into insolvency and force the winding up of the business. Read more.

Source: Australian Government. Treasury. https://treasury.gov.au/




south west smart hub logo original light

Subscribe to the South West Smart Hub via Email

Enter your email address to subscribe to the Smart Feed and receive notifications of new posts by email.

Join 34 other subscribers.