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Timing the economic reboot

  After successfully navigating our initial response to the COVID-19 (coronavirus) health crisis, backed up with $285 billion in government support to individuals and businesses to keep the economy ticking over, thoughts are turning to how to get the economy back on its feet. It's a huge task, but Australia is better placed t...

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How COVID-19 changes tax time

  As this financial year draws to a close, it will be viewed as a year like no other. COVID-19 (coronavirus) has impacted everybody's life, albeit in different ways for different people. For some, staying at home has meant you have greater savings; for others, the virus has meant lower wages or even the prospect of unemployme...

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Maintaining your mental health through the pandemic

  The COVID-19 pandemic has shifted our day-to-day lives in a dramatic way. One of the biggest changes to come from this period, was a transition to working from home for many people. On top of this adjustment, parents had the additional challenge of monitoring remote schooling for their children. Social interactions were severel...

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JobKeeper Payment now officially passed by the Government

  On April 8th, the JobKeeper package was passed by both sides of Parliament and legislated. This update offers further guidance on the scheme. Workers with multiple jobs
If you are employed by multiple businesses, you are only eligible to receive the payment from your nominated primary employer. Timing
The JobKeeper will...

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Temporary relief for financially distressed businesses

  The coronavirus is first and foremost a health crisis, but as measures are being taken to reduce the spread of the virus throughout the community, many profitable businesses may temporarily suffer financial hardships. The Government announced the following initiatives to assist these businesses to make it through the crisis and...

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