Stage 4 business impact

On Sunday Victorian Premier, Daniel Andrews, declared a ‘state of disaster’ and made announcements regarding stage 4 restrictions for metropolitan Melbourne to address the current health crisis. Sunday’s statement addressed how this would impact “the way we live”. Yesterday, he outlined how this would determine “the way we work”, with a raft of new restrictions for industry and business. As such you may be questioning what this means for your…  Read more

COVID-19 Business Update – 30 July 2020

Welcome back to our Weekly Digest. We hope you and your family are safe and well. Read on for this week’s update. JobKeeper Changes Coming in September Last week the PM announced the JobKeeper wage subsidy scheme will be extended from September through to March next year, with some changes. Please be aware there are still plenty of “unknowns” surrounding the next steps, and these changes are yet to be…  Read more

Victorian Business Support Measures

Business Support Fund – Expansion For businesses affected by the return to Stage 3 restrictions in metropolitan Melbourne and Mitchell Shire. With the re-introduction of Stage 3 restrictions in metropolitan Melbourne and the Mitchell Shire meaning many businesses are again impacted in operation, the Victorian Government has expanded the Business Support Fund to provide a one-off grant of $5,000 to eligible businesses. Funding may be used to meet business costs including…  Read more

Market Wrap

Each month we publish Market Wrap, a summary of the previous month’s economic highlights. Economic Overview Earlier optimism on the virus front started to fade, as a gradual easing of restrictions saw a spike in the number of new cases. This saw new constraints imposed in some areas and prompted the World Health Organisation to suggest the worst of the pandemic may be ahead. Locally, further outbreaks of the virus prompted…  Read more

JobKeeper Extension

The Government has announced changes to the JobKeeper scheme. The Treasury’s review found that the subsidy was still “needed” but required a “test to ensure that JobKeeper is well targeted”. The existing scheme will continue until 27 September 2020 as first announced however, beyond that there will be changes. Be prepared This means there may be changes to your current situation and your entitlements may be affected. The details of…  Read more

Steps to building an online business

More and more people are leaving their office jobs and setting up an online business these days, especially because of COVID-19. Running an online business offers a way for you to work from home and be your own boss. It may sound like an overwhelming process, but many entrepreneurs find it fulfilling. Here are some tips to increase the chances your small online business will be a success, and you’ll…  Read more

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