Since the middle of March 2020, Australia’s governments have announced a series of support and stimulus measures extending to tax – direct and indirect, employment, customs, federal and local economies. We summarise the key measures here.
Let’s stay connected. In Melbourne, our team are working safely and securely in their virtual office locations. Please email your service team member or call us on +61 3 9820 6400 for assistance and advice with regards to government economic support programs and other ways to manage your business through this challenging period.
Introducing this year’s Federal Budget Download our Federal Budget 2020-21 Report On 6 October 2020, the Treasurer, Mr Josh Frydenberg, presented the COVID-19 delayed 2020-21 Federal Budget. The Budget was directed at promoting spending, at a personal, business and government level to creating jobs. There were [...]
In Focus: Casual v. Permanent In this edition of In Focus, we look at the distinction between casual and permanent employment and the position of the employer on entitlements if a casual employee is subsequently characterised as a permanent employee. Read IN FOCUS - Casual v. [...]
Business Update September 2020 Download Business Update September 2020. Economic stimulus programs and how they relate to you continue to be the key focus in this Business Update. We include: further clarification around JobKeeper 2.0’s decline in turnover test the third round of grants and tax [...]
Extension to insolvency protections On 7 September 2020, the Federal Government announced that the temporary changes to the creditors’ statutory demand and insolvent trading laws have been extended to 31 December 2020. Regulations will be made to extend the changes originally announced in March, from 25 [...]
Binding Orders on Rent Relief coming for Victorian Landlords The Victorian Government has released the COVID-19 Commercial and Residential Tenancies Legislation Amendment (extension) Bill 2020. The Bill introduces greater powers for regulations to be made to deal with rent relief disputes. In particular, to allow for [...]
In Focus: Advisory Boards A fresh set of eyes Following on from our recent series of articles with respect to shadow directors and the distinction between directors and professional advisors, this edition of In Focus reviews the concept of the advisory board. Advisory boards have become [...]