Australian Companies Capitalise on Proactive ASX Market Measures

Australian Companies Capitalise on Proactive ASX Market Measures Capital markets have responded strongly to the temporary emergency capital raising measures introduced by the Australian Stock Exchange (“ASX”) to help listed entities affected by the COVID-19 pandemic. The Class Waivers announced 31 March will enable companies until 31 July 2020 (unless extended): [...]

2020-05-07T09:55:48+10:00May 6th, 2020|

JobKeeper: Alternative Tests & Extension to enrol

JobKeeper: Alternative Tests & Extension to enrol Prepared by Cameron Field at Hall Chadwick Queensland Read and download this Client Update. On 24 April 2020 the ATO announced a number of additional tests to determine an employer’s eligibility for the JobKeeper Scheme, along with extended deadlines for the initial JobKeeper periods. Alternative [...]

2020-04-30T13:53:00+10:00April 29th, 2020|

Economic Response Package: Cracking open your nest egg early

Economic Response Package: Cracking open your nest egg early The government is allowing eligible citizens or permanent residents of Australia and New Zealand to apply for up to $10,000 to be released from their super nest egg prior to 30 June 2020 and apply for an additional $10,000 to be released [...]

2020-04-30T10:39:57+10:00April 23rd, 2020|

JobKeeper: Our guide for business applicants

JobKeeper: Our guide for business applicants Read and download our Guide for Business Applicants. For you as a business operator, what the JobKeeper eligibility, application, payment and reporting rules say? We take a close look at: Assessing your eligibility Determining eligible employees How Much to Pay Enrolling for the JobKeeper Payment Applying [...]

2020-04-30T11:06:11+10:00April 21st, 2020|

In Focus: Informal Workouts Safe Harbour

In Focus: Informal Workouts Safe Harbour In this edition of In Focus we expand on informal workouts being one of the various corporate restructuring options. If action is taken early, an informal workout may be able to be effected, without the stigma of a formal appointment, which could reduce the value of [...]

2020-04-30T11:07:03+10:00April 16th, 2020|

JobKeeper: we explain the rules

JobKeeper: we explain the rules The Treasurer has released the Coronavirus Economic Response Package (Payments and Benefits) Rules 2020 which sets out the rules for administrating the JobKeeper scheme. Download our Guide for Business Applicants. Download the JobKeeper employee nomination form here. Download this article here. Eligibility overview To be eligible for [...]

2020-04-30T11:11:37+10:00April 14th, 2020|

New working from home expenses rules for individuals

New working from home expenses rules for individuals The Australian Tax Office has announced special arrangements for claiming working from home expenses due to the coronavirus crisis. The special new arrangement will allow people to claim a rate of 80 cents per hour for all their running expenses, instead of calculating costs [...]

2020-04-30T11:12:41+10:00April 9th, 2020|

Temporary amendments to Australian Insolvency and Corporations Law

Temporary amendments to Australian Insolvency and Corporations Law The Coronavirus Economic Package Omnibus Act 2020 (Cth) took effect on 25 March 2020. It makes temporary amendments to Australian Insolvency and Corporations Law that are intended to provide a safety net to otherwise profitable and viable businesses which face financial distress as a [...]

2020-04-30T11:14:16+10:00April 9th, 2020|

Commercial Leasing Code of Conduct

Commercial Leasing Code of Conduct On Tuesday 7 April 2020 the National Cabinet released a mandatory code of conduct containing “good faith leasing principles”, which will apply to all commercial tenancies. Each state and territory will pass their own legislation and regulations to give effect to the mandatory code. There are many [...]

2020-04-30T11:15:21+10:00April 9th, 2020|