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Business

JobKeeper – Easing eligibility

JobKeeper – Easing eligibility

More businesses and not-for-profits will be eligible for JobKeeper payment extension under a $15.6 billion change to the scheme announced on August 7.  The Government initially outlined...
Extension of the JobSeeker program

Extension of the JobSeeker program

The Government is extending the Coronavirus Supplement to eligible recipients to 31 December 2020. The amount of the Supplement will be adjusted to reflect the gradually improved economic...
JobKeeper changes announced

JobKeeper changes announced

The JobKeeper Payment has been extended by a further six months to March 2021, targeting support to those organisations which continue to be significantly impacted by COVID-19. From 28...
JobTrainer skills package

JobTrainer skills package

The Australian Government will invest $2 billion to provide hundreds of thousands of Australians with access to new skills by retraining and upskilling them into sectors with job...
Instant asset write-off extended

Instant asset write-off extended

To further support Australian businesses through the fallout resulting from COVID-19, the government has extended the $150,000 instant asset write-off for an additional six months to 31...
Commercial tenancies rent relief package

Commercial tenancies rent relief package

On April 7, the Government announced new commercial rental waivers and deferrals for tenants that have been severely impacted by the coronavirus crisis. The draft Code of Conduct is to...
Economic Stimulus Package – Boosting cash flow for employers

Economic Stimulus Package – Boosting cash flow for employers

An economic stimulus package is being put in place to support businesses to manage cash flow challenges and assist them retain their employees to continue to stay viable through the...
Accelerated depreciation deductions to benefit businesses

Accelerated depreciation deductions to benefit businesses

The Government has accelerated depreciation deductions for the next 15 months. Up until June 30, 2021, businesses turning over less than $500 million will be able to deduct 50 per cent of...
Support for business investment

Support for business investment

The government is loosening the criteria around the instant asset write-off. Pre-Coronavirus, businesses with a turnover of up to $50 million could instantly write-off the purchase of...
The JobKeeper Program: Help for businesses

The JobKeeper Program: Help for businesses

The Australian Government has announced unprecedented assistance to help businesses of all sizes manage their cashflow and retain their employees. The six-month JobKeeper Payment of...

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