JobKeeper Payment COVID-19 support for business stage 3

Yesterday, the Morrison Government announced stage three of their economic response to the impact of COVID-19 on business in the form of a $130 billion JobKeeper package. The package will deliver $1,500 before tax per fortnight per eligible employee directly to eligible employers to assist them in retaining staff in their businesses. The scheme will support employees who were on the books dating back to 1 March 2020, with the…  Read more

Federal Government support package for individuals & households

Published: 23 March 2020 Analysis of most recent announcements from the Federal Government Income support for individuals – Coronavirus supplement Over the next six months, the Government is temporarily expanding eligibility to income support payments and establishing a new, time-limited Coronavirus supplement to be paid at a rate of $550 per fortnight. This will be paid to both existing and new recipients of JobSeeker Payment, Youth Allowance Jobseeker, Parenting Payment,…  Read more

Federal Government support package for business stage two

Published: 23 March 2020 Analysis of most recent announcements from the Federal Government Boosting cash flow for employers The Governement is enhancing this measure first announced 12 March 2020. Provision of up to $100,000 to eligible small to medium emterprises (SMEs) and not-for-profits (NFPs) that employ people, with a minimum payment of $20,000.┬áThese payments will help businesses and NFPs with their cash flow so they can keep operating, pay their…  Read more

Lending options during COVID-19

With so many changes and measures of support being released to address the economic impact of COVID-19, it is sometimes difficult to keep informed of the specifics of each measure. At these times it is best to seek guidance from specialists in each area. As such our lending partner, Shaun Massie of mobilelender.com.au, has provided our team with a summary of the lending options available to personal and business loan…  Read more

How to minimise the economic impact of COVID-19 on your business

Published: 20 March 2020 Practical measures to maintain your cashflow As the COVID-19 situation continues to evolve, we are hearing our business clients ask “what can I do now to get ahead of the curve?” in terms of minimising the economic impact on your business. Mostly importantly, we would suggest that you act now. There are steps you can take now that may put you in a better place down…  Read more

Principal’s COVID-19 Update

Published: 20 March 2020 Dear Clients, Friends & Community, What a week it has been, we hope this message finds you and your loved ones healthy and well. We understand you are reading numerous communications about the challenging time we are all facing at the moment so we apologise for adding to the noise however, we feel it is important to let you know how we as a firm plan…  Read more

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