Articles

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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Boosting cash flow for employers

  An economic stimulus package is being put in place to support businesses to manage cash flow challenges and assist them retain their employees to continue to stay viable through the coronavirus crisis. The Government is providing tax-free cash flow boosts between $20,000 and $100,000 to eligible businesses delivered through cre...

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Award flexibility during coronavirus - Proposed new pandemic leave

  Workers may soon have access to unpaid pandemic leave and extended annual leave at reduced rates to help keep them in their jobs through the coronavirus crisis. On 1 April 2020, the Fair Work Commission (the Commission) issued a Statement outlining its intention to update 103 awards during the coronavirus pandemic. The proposed...

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Supporting apprentices and trainees

  The Government is encouraging and supporting businesses to retain apprentices and trainees to ensure continuity of skilled workers across our trade industries. Eligible employers can apply for a wage subsidy of 50% of the apprentice's or trainee's wage paid from 1 January 2020 to 30 September 2020. Where a small busines...

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Commercial tenancies rent relief package

  On April 7, the Government announced new commercial rental waivers and deferrals for tenants that have been severely impacted by the coronavirus crisis. The draft Code of Conduct is to impose a set of 'good faith leasing principles' and intended for landlords and tenants to share a proportionate financial risk and cashf...

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