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Stimulus

  • Coronavirus Update For Business
  • Stimulus
Victoria support for business

Victorian government announces $143 million COVID-19 support package for business: Here’s what SMEs need to know

Arts & Media
Lois Maskiell
22 February 2021
Victoria has announced a $143 million relief package for businesses affected by the Valentines Day and Lunar New Year lockdown.
Cochlear

Cochlear to return $23 million in JobKeeper payments

Finance
Eloise Keating
19 February 2021
Hearing-implant maker Cochlear is the latest large company to commit to paying back JobKeeper wage subsidies.
Seven West Media

Seven West Media reports $116 million half-year net profit, with no plans to return $47 million in JobKeeper subsidies

Arts & Media
Stephen Mayne
17 February 2021
At $47 million, Seven West Media will finish in the top 100 national recipients of JobKeeper... although the government won't confirm this.
Sizzler-Australia

Collins Foods to give back $1.8 million in JobKeeper for now-closed Sizzler stores

Coronavirus
Lois Maskiell
16 February 2021
Collins Foods will give back $1.8 million in JobKeeper received by its nine Sizzler restaurants in the final months before they closed down.
minimum-wage-small-business inflation

As lockdowns become the new normal, what support should state governments give SMEs hit by snap restrictions?

Hospitality
Lois Maskiell
16 February 2021
Victoria’s lockdown has put COVID-19 relief in the spotlight, as business groups urge the state to compensate businesses hit by restrictions.
small business music fees

State by state: Here’s how many people received JobKeeper 1.0 and 2.0

Finance
Michelle Grattan
15 February 2021
As JobKeeper enters its final weeks, the government has released the latest ATO breakdown of the numbers coming off the program.
Josh-Frydenberg

Small business groups urge the federal government to offer $5,000 financial advice subsidies to SMEs

Finance
Lois Maskiell
11 February 2021
Small business advocates are urging the government to give SMEs grants of up to $5,000 for financial advice after JobKeeper comes to an end.
womens-safety-summit

Federal government considers turning JobKeeper into HECS-style loans for virus-hit businesses

Politics
Lois Maskiell
5 February 2021
Small businesses could soon access revenue-contingent loans, following the federal government’s consideration of a HECS-style loan scheme.
ato-tax-debts

Auditor-General launches probe into ATO’s handling of JobKeeper

Politics
Lois Maskiell
4 February 2021
The Auditor-General is investigating the ATO’s administration of JobKeeper, after criticism from Labor about the scheme's lack of oversight.
making coffee young person inflation

Small businesses now able to claim JobMaker hiring credits

Cashflow
Eloise Keating
3 February 2021
Small businesses can begin claiming hiring credits under the federal government’s JobMaker program this week, with the first quarterly claim period opening on Monday.
Domino's pizza

Domino’s becomes latest company to give back JobKeeper

Retail
Eloise Keating
29 January 2021
Pizza chain Domino’s is the latest big business to hand back JobKeeper payments, joining Toyota, Super Retail Group and Iluka Resources.
HomeBuilder housing inflation migration

HomeBuilder leads to spike in material and labour costs, hitting smaller builders where it hurts

Construction & Engineering
Matt Johnson
29 January 2021
The price of building materials shot up after HomeBuilder was announced in June, says Builders Collective of Australia head Phil Dwyer.
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