Roadmap to reopening: Support for Victorian Businesses

A jointly-funded package of grants from the Commonwealth and Victorian Governments has been announced to assist Victorian businesses most affected by restrictions as the state reaches the 70 per cent, then 80 per cent fully vaccinated thresholds on the state’s Roadmap to Deliver the National Plan. Highlights Eligible businesses will receive automatic [...]

2021-10-01T15:29:01+10:00September 30th, 2021|Business Update, Victorian State Grants|

Support for Small Private Landlords of Victorian Commercial Properties

Support for small private Landlords is the focus of the Victorian Government’s round 3 of the Commercial Landlord Hardship Fund. This will be welcome news for landlords whose pandemic-impacted tenants were Commercial Tenancy Relief Scheme-eligible, and may have not had the financial capacity for a reduction in rent. Commercial Landlord Hardship Fund [...]

The end of special purpose statements and RDR replaced by Simplified Disclosures

With the Australian Accounting Standards Board advising Special Purpose Financial Statements will no longer be allowed for certain for-profit private sector entities, it is time to start considering the impact of changing to General Purpose Financial Statements and potentially implementing the change for the financial year ended 30 June 2021. Impacts for-profit [...]

2021-08-12T12:44:41+10:00August 12th, 2021|Business Update|

NSW Business Support Package

The NSW Government is extending support to eligible businesses, sole traders or not-for-profit organisations impacted by the current Greater Sydney COVID-19. Business Expenses Grant Eligible businesses (including non-employing businesses such as non-employing sole traders) and not-for-profit organisations can apply for a fortnightly payment of $1,500 to cover business expenses for the duration [...]

2021-07-30T14:11:07+10:00July 30th, 2021|Business Update|
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