Jobkeeper Payment – What You Need To Know
MELBOURNE, 31 March 2020 – The Government yesterday released details of its much-anticipated wage subsidy scheme. This is a bold scheme and assuming it is administered efficiently and effectively by the ATO it should be welcomed by both businesses and their workers. The key purpose of the subsidy is to keep employees connected to their employers […]
Coronavirus Related Stimulus Packages
MELBOURNE, 23 March 2020 – Across the weekend both the Federal and Victorian Governments released stimulus packages in response to the detrimental economic impact of the Coronavirus. We have summarised the key features of these responses below. Both levels of Government noted that additional stimulus initiatives are likely to be released in the near future […]
Australian Government Economic Response to the Coronavirus
The $17.6 billion stimulus package aimed at protecting the economy, keeping people in jobs and supporting businesses and households focuses on four key areas: Support for business investment Cash flow assistance for employers Stimulus payments to households to support growth Assistance for severely affected regions As always, there will be certain eligibility requirements so please […]
