New insolvency laws: 4 actions small business directors must take

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There are four key actions that small business owners should take immediately, to ensure they are well positioned once they, or their suppliers, come off JobKeeper this month.

Federal Government announces plans to change JobSeeker rate as payments return to pre-pandemic levels

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Treasurer Josh Frydenberg has revealed that the Federal Government is planning to make changes to the JobSeeker rate when the coronavirus supplement ends in March.

How your business should approach reducing headcount following the end of JobKeeper

As JobKeeper closes, businesses may need to reduce headcount to keep wage bills affordable. Here’s how to approach a restructure legally and effectively…

JobKeeper key dates: What you need to know to stay eligible

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The Australian Taxation Office (ATO) have outlined key dates employers must be aware of to stay eligible for JobKeeper, as the extension period for the wage subsidy comes into place this week. “There are some key dates to keep in mind, and simple steps employers can take now, so they are ready for the changes,… Continue reading JobKeeper key dates: What you need to know to stay eligible

Josh Frydenberg critiques Daniel Andrews’ response to COVID-19

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Treasurer Josh Frydenberg has lashed out at Victorian Premier Daniel Andrews over the premier’s handling of COVID-19 during a heated interview with ABC News Breakfast. The Morrison Government is demanding that the premier state what the appropriate level of new cases in Victoria would be for him to open up Stage 4 restrictions. They are… Continue reading Josh Frydenberg critiques Daniel Andrews’ response to COVID-19

Parliament returns today, with JobKeeper and JobSeeker changes top of the agenda

The Australian Parliament will meet today to discuss JobKeeper and JobSeeker payments.

The Australian Parliament returns today after a 10 week coronavirus break, with JobKeeper and JobSeeker up for discussion. For the first time in Australian parliamentary history, the sitting will take on a hybrid meeting structure with many members expected to join via video conferencing. In late July, the Government announced that both the JobKeeper wage… Continue reading Parliament returns today, with JobKeeper and JobSeeker changes top of the agenda

JobKeeper 2.0: The winners and losers

With the news that JobKeeper will be extended for another six months until March 2021, many business owners and employees are relieved. However, with the latest tweaks to the wage subsidy, not everyone will benefit. So, who will win and who will lose out? The winners To be eligible for JobKeeper, a business must be… Continue reading JobKeeper 2.0: The winners and losers

How is JobKeeper 2.0 different?

Last Tuesday (21/07/2020), the Australia Treasury announced that they are going to extend the JobKeeper payment up to 28 March 2021, six months longer than the initial deadline.  According to Prime Minister Scott Morrison, the newest reports on JobKeeper and JobSeeker have shown how both schemes helped businesses to stay afloat during this time. “The… Continue reading How is JobKeeper 2.0 different?