The "Business Resilience Package" was announced last weekend. It will provide $3 billion in cash grants, tax relief and cash flow
support to Victorian businesses, and includes a third phase of the Business Support Fund grant program. Here's how that $3 billion will be
If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. But,
to what degree does the pandemic impact on value? Should you discount or hold firm to pre COVID-19 performance on the basis that ‘we’re
going to come out of it eventually’?
Now, more than ever, business operators should have a plan in place to manage during uncertain times. Even if your business is not directly
impacted, it’s likely your customers, your supply chain, and your workforce will be.
2020 has been an extremely difficult year for everyone, and it can be tricky to know how to manage your mental health in a crisis. Will
Centurion is a life coach and counsellor, and he gave us some practical strategies and tools that we can use in our everyday lives to cope
with rocky times like this.
How to create a COVID-Safe Plan for your workplace (and other lockdown considerations for employers).
Employer obligations are mounting during COVID-19. On top of existing OH&S requirements, Stage 4 Lockdown in Victoria has introduced new workplace legislation, including mandatory closures and COVID-Safe Plans.
Victorian Business Closure Update & Tools to Help during Stage 4 Lockdown
Here is what you need to know about business closures and reduced workforce requirements during Stage 4 Lockdown in Victoria, as well as
some tools that may help you navigate this extremely difficult time.
We always knew that a Government scheme swiftly distributing cash during a crisis was going to come with equally swift compliance and review
measures, particularly when eligibility was self-assessed. Two major Australian Taxation Office (ATO) initiatives are searching out fraud
and schemes designed to take advantage of the Government’s Coronavirus Economic Response Package.
From 1 July 2020, parents accessing the Government’s parental leave pay (PPL) scheme will have greater flexibility and options. Targeting
the self-employed and small business owners, the changes introduce a new flexible paid parental leave pay period of 30 days.
If your business has been impacted by the latest COVID-19 hotspot lockdowns in Victoria, you may be eligible for a $5,000 one-off grant from
the government. A number of conditions apply, it's important you talk with your tax agent before registering for any government
Surviving A Crisis - Key Strategies for Business Resilience
Whether it is the coronavirus, fire or flood, the fact is if you are in business long enough you will almost certainly have to deal with an
external impact on your business – bushfires, drought, GFC, SARS, 9/11, we’ve seen a few. The key is to react but not over-react. We
explore the impact on business and the importance of planning for setbacks beyond your control.
The JobKeeper subsidy has progressed beyond the rush for eligibility and entered its second phase: compliance. Late last month, the
Australian Taxation Office (ATO) released guidance highlighting where the regulator will focus its compliance resources.