Tag: coronavirus

The Federal Government has this week announced a massive $130 billion extension to their Covid-19 stimulus packages. This announcement offers hope to both businesses and employees but at this stage there are only limited details available about it. Below are some links with implications for businesses, links to the Government websites and fact sheets on this, some FAQs of common questions that we are being asked and finally a link…  Read more

In response to the anticipated economic downturn resulting from the Coronavirus pandemic, the government has announced a number of economic stimulus measures for the 2019/20 and 2020/21 income years. Most of these are targeted to help small to medium sized businesses. The announced measures at this stage are: Instant asset write-off For businesses with under $500m in turnover, they will be able to claim an instant asset write-off of asset…  Read more