Unemployment could soon be higher than 7%. Here’s why
It’s not just the end of JobKeeper that will push up unemployment in April. Here are the other changes causing the rise.
Melbourne SMEs to suffer the most in the post-JobKeeper era
There’s still a big gap left by JobKeeper in Victoria, after repeated lockdowns left Melbourne businesses economically vulnerable.
End of coronavirus support for business could lead to 5,000 insolvencies by June, financial agency warns
The temporary moratorium on insolvent trading has led to a drop in the number of insolvencies, but financial experts believe that is about to change.
JobKeeper fraud: ATO investigates false claims for JobKeeper, focusing on misleading turnover declarations and incorrect redundancy payments
The Australian Taxation Office has issued a warning to businesses engaging in “concerning and fraudulent behaviour” when making JobKeeper claims.
As JobKeeper ends, the time for hard decisions is now
This week, for businesses that have been clinging on to JobKeeper and hoping for a miracle, reality will strike. All is not lost, but this is a critical time to try and save your business.
End of JobKeeper pushes Rugby star George Gregan’s hospitality group GG Leasing into administration
The hospitality group GG Leasing co-founded by former Australian rugby player George Gregan has been placed into administration.
Hospitality and tourism industries call for cash boost payments and tax relief as JobKeeper end draws near
The hospitality and tourism industries are renewing calls for targeted support from the government ahead of the JobKeeper expiration date on Sunday.
Live music industry says 45% of businesses expect to close in three months as JobKeeper winds down
The live music industry is calling for travel permits and more consistency across the states to help it survive once JobKeeper ends.
Final JobKeeper payments due on March 28 as wage subsidy comes to an end, ATO warns
The ATO has published what may be its final update about key dates and reporting requirements for businesses receiving JobKeeper.
Supplier hopping may increase with the approaching end to JobKeeper — here’s what your business needs to know
With Jobkeeper due to end in March and thousands of businesses still struggling to make ends meet, it is more paramount than ever to be aware of potential supplier hopping customers.
SMEs can now borrow up to $5 million in expanded government loan scheme
The government has expanded its SME loan scheme, offering loans of up to $5 million as part of a post-JobKeeper support package.
The $100 billion JobKeeper program will soon end. What support can SMEs expect in its wake?
Industries still recovering from the COVID-19 economic fallout can expect a support package to be soon announced as JobKeeper winds up.
