ATO sounds warning on companies misusing asset write-off and loss carry-back schemes
The ATO has warned businesses against misusing the government’s expanded asset write-off scheme and the new loss carry-back provisions.
Retail in need of therapy: Why shopping centres might never recover from the COVID-driven fever of online purchasing
The impact of the coronavirus pandemic on consumers will affect the Australian retail industry for years. Here are three reasons why.
Victoria unveils $250 million business growth fund for SMEs to combat coronavirus pain
The Victorian government has unveiled a $250 million growth fund for SMEs looking for debt or equity investment to combat the coronavirus crisis.
“Leap of faith”: Businesses mull ‘ATO discretion’ amid wage subsidy eligibility uncertainty
Small businesses and startups are calling for the Morrison government and the ATO to clarify wage subsidy eligibility rules.
What the experts think of Australia’s $1,500 JobKeeper wage subsidies
The Australian government has outlined its $130 billion wage subsidy program to keep businesses open and workers employed. So what do the experts think?
Government unveils $130 billion wage subsidy for small business, including sole traders
The federal government has unveiled an unprecedented wage subsidy scheme that will see business payroll supported through the coronavirus crisis.
Negotiate, and then renegotiate: More COVID-19 survival tips for businesses
Last week, we went into hyper-hustle mode to negotiate every single ongoing expense We called banks, the ATO and our landlords. Here’s how that went.
“A garden hose on a bushfire”: We need a full COVID-19 lockdown, not more stimulus
Now isn’t the time to focus on stimulus, says Adam Schwab. Instead, governments need to do everything in their power to stop the cause of the COVID-19 pandemic.
Picking an endgame: Why Australia must shut everything down, and restart when COVID-19 is gone
Nobody likes talking about the COVID-19 endgame, but Australia needs to choose one. It will determine the number of avoidable deaths and hospital admissions, and the deep and systemic effects on Australia’s economy and society.
What the government’s second stimulus package offers employers… and why it’s not all it’s cracked up to be
The federal government came out swinging yesterday and announced part two of its COVID-19 stimulus plan, bringing the total package to $189 billion.
How the coronavirus crisis is causing income from Indigenous art to plummet
The closure of Aboriginal lands to visitors in response to COVID-19 means tourist visits stopped abruptly, along with the income from buying art they provided.
Payroll tax relief and $50,000 grants: Queensland’s coronavirus stimulus package explained
Queensland quietly released its own state stimulus package earlier this week, offering payroll tax relief, low-interest loans and a grants package.