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Stimulus

  • Coronavirus Update For Business
  • Stimulus
Andrew Leigh tax multinationals contracts super complaints

Labor calls for JobKeeper inquiry as minerals miner Iluka repays $13.6 million in subsidies after recording strong sales

Finance
Lois Maskiell
28 January 2021
Labor is pressuring the Morrison government to call an inquiry into the JobKeeper scheme, as another firm repays $13.6 million in subsidies.
covid-19 economists lockdown

Dan Tehan hints at tailored support for tourism businesses, as domestic travel fails to fill the expenditure gap

Stimulus
Stephanie Palmer-Derrien
25 January 2021
The Morrison government is considering further support for tourism businesses hard-hit by ongoing border closures.
Sydney-Opera-House

Ongoing travel restrictions put 32,000 tourism businesses at risk of failing, as end of JobKeeper looms

Stimulus
Lois Maskiell
22 January 2021
The tourism industry is calling for support from the federal government, as new research shows 32,000 operators could fail this year.
tax Director ID

More SMEs could be eligible for JobKeeper and cash flow payments following ATO appeal and IGoT review

Stimulus
Eloise Keating
22 January 2021
More SMEs could be eligible for JobKeeper and cash flow boost payments depending on the outcome of an ATO appeal and a review by the IGoT.
Instant Asset Write-Off MYEFO small businesses

How can the government recover billions in JobKeeper overpayments? Create a register and name every recipient

Finance
Stephen Mayne
21 January 2021
In light of Super Retail Group and Toyota returning JobKeeper funds, it's time companies disclosed how much public money they've received.
insolvency pub free rsa restructuring

“Targeted, bespoke stimulus”: SME advocates push for hospitality-only JobKeeper

Hospitality
Lois Maskiell
20 January 2021
SME advocates are urging the government to rethink JobKeeper for the hospitality industry as the wage subsidy reaches its final months.
Macpac

Calls for large retailers to return JobKeeper after Super Retail Group joins Toyota and repays $1.7 million

Finance
Lois Maskiell
19 January 2021
Rebel and Macpac owner Super Retail Group will return $1.7 million in JobKeeper subsidies after recording a record profit.
adblue

“Very positive”: Toyota wins praise as it pays back $18 million in JobKeeper subsidies

Coronavirus
Lois Maskiell
13 January 2021
Toyota will give back more than $18 million worth of JobKeeper payments, announcing its decision was driven by an improved bottom line and its responsibility as “a corporate citizen”.
homebuilder construction homes

JobKeeper, insolvency and HomeBuilder: The early-January policy changes SMEs need to know about

Coronavirus
Lois Maskiell
17 December 2020
From the JobKeeper extension to a new insolvency process, here are four policy changes SMEs need to know about that will start in early-2021.
ato-tax-debts

ATO praised for risk management during rollout of COVID-19 economic support measures

Stimulus
Shannon Jenkins
16 December 2020
ANAO has given the ATO a thumbs up for its risk-management practices while delivering pandemic-related economic-response measures.
Monbulk-street

On pause, website down: Australian states’ voucher schemes off to bumpy starts

Hospitality
Lois Maskiell
14 December 2020
State government voucher schemes are off to a bumpy start, after Victoria's website crashed, and NSW announced a delay due to a lack of need.

“One last challenge”: Melbourne co-working businesses call for further COVID-19 support in open letter to the Premier

Coronavirus
Stephanie Palmer-Derrien
11 December 2020
Melbourne co-working businesses have written to Daniel Andrews calling for rent relief measures to help them lead the economic recovery.
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