Cash is the lifeblood of every successful business; insufficient cash will cause a business to fail and strong cash flow will allow a business to thrive and grow.  How can you successfully manage your cash flow to grow your business?  Visibility It is crucial you understand the drivers of your cash flow. How long does […]

by Jahnvi Modi and Joulyette Farah Premier Daniel Andrews announced a $500 million package on 15 April 2020, aimed at giving certainty to residential and commercial tenants and landlords, while they struggle with the unprecedented economic disruption caused by the coronavirus pandemic – with emergency legislation to be put into the Parliament next Thursday. Consistent with […]

by Jahnvi Modi We were reviewing the eligibility criteria for $100K Cash flow Boost for employers and came across some additional eligibility requirements in relation to up to date lodgements as per below: General eligibility criteria You will be eligible to receive the cash flow boost if you are a small or medium business entity, including not-for-profit […]

by Jahnvi Modi On 21 March 2020, the Victorian government announced a three stage $1.7 billion assistance Economic Survival Package to help Victorian businesses and workers survive the devastating impacts of the coronavirus pandemic. The package includes following key measures: Stage 1 – $700 million towards the following measures, $550 million towards full pay roll tax refund for the 2019-2020 financial […]

by Chris Grelis It is now inevitable that the Australian economy will experience a harsh downturn as a result of the measures necessary to deal with the coronavirus pandemic. As a business owner and leader, it is imperative that you plan how you will proactively respond to this challenge. When faced with uncertainty, well considered […]

by Julie Delaere Introduction Many business owners are becoming increasingly concerned and unsure of what to do in relation to the Coronavirus. For the latest medical advice, please head to the Australian Government Department of Health or World Health Organisation (WHO) website. For travel advice, head to Smartraveller website. Please find below a Q&A of questions frequently asked by employers. Note […]

by Jahnvi Modi and Devan Bishop While the full economic effects from the coronavirus remain uncertain, the outlook has deteriorated since the Government’s initial Economic Response announced on 12 March 2020. The spread of the virus worldwide has broadened and is expected to be more prolonged. Governments, both international and domestic, have announced stricter mitigation […]

by Jahnvi Modi, Devan Bishop and Chrissy Slater Summary of the stimulus package Following the announcement of the economic response by the Morrisson government on 12th March 2020, the Australian states and territories also announced their respective economic stimulus packages to further support Australian households and businesses survive the impact of the Covid-19 situation. The summary […]

20/03/2020 by Jahnvi Modi and Devan BishopFollowing our last Economic Stimulus newsletter outlining the Federal Government economic stimulus package aimed at supporting confidence, employment, and business continuity in the wake of the unfolding COVID-19 situation. The summary below provides detailed information in relation to each of the measures, following our one-page summary posted on the […]