Casual Workers Across Australia Are Left in Financial Limbo During Covid Lockdowns
Once again, a number of Australia’s biggest cities have been placed under new lockdowns, as a consequence of this, hundreds of thousands of casual workers across the country have been left without an income thus giving them an uncertain and anxious future. Some casual workers will receive a $500 crisis payment if their city’s lockdown […]
NSW Government Opens Applications For JobSaver
On Monday 26th July, applications for the JobSaver scheme opened for NSW based businesses who have been impacted by the latest covid-19 lockdown. Applicants who are successful will receive 40 percent of their weekly payroll, at a minimum of $1,500 and a maximum of $10,000 per week, as long as they maintain their full-time, part-time and […]
2021 Covid-19 Business Support Grants Announced For Lockdown Impacted Business In Queensland
If your business has recently been impacted by the latest Queensland based covid-19 lockdown, you might be eligible to receive financial support via the 2021 Covid-19 Business Support Grants. These grants worth $5,000 will be available for small and medium businesses located across Queensland who have been impacted by the lockdown which commenced on Saturday […]
Victorian Government Announces $280 Million Support Package
On Wednesday 21st July, Victorian Premier Daniel Andrews announced an injection of $282.5 million to Victoria’s business support package, which will now total $484.3 million with the goal to support over 90,000 businesses and sole traders across the state during the course of Victoria’s fifth lockdown. Victorian Businesses who are eligible for the Licensed Hospitality […]
Millions of Australian Workers Set To Benefit From Increased Superannuation Payments
Millions of Australians are set to benefit from an increase to superannuation payments which came into effect on Thursday 1st July. The superannuation guarantee (SG) has been bumped up from 9.5 percent to 10 percent. This means workers set to receive more pay towards their retirement nest eggs. Industry Super Australia (ISA) says 6.7 million […]
Government Announces New Support Measures For Victorians In Lockdown
On Thursday 15th July, Prime Minister Scott Morrison and Victorian Premier Daniel Andrews both came to an agreement to offer support to Victorian workers located in the latest covid-19 hotspots who will lose income due to the new restrictions. Victorian workers who have lost between eight and less than 20 hours of work will receive […]
Consumer Sentiment Plunges In NSW As It Remains Firm In The Rest Of Australia
Consumer concerns related to the NSW Government’s latest lockdown for Greater Sydney have yet to spill out into other states, in contrast to similar conditions seen under similar lockdown conditions in Victoria through August of 2020. The Westpac-Melbourne Institute Index of Consumer Sentiment rose by 1.5 percent to 108.8 in July, up from 107.2 in […]
NSW State Government Announces More Support To Help Businesses During Lockdown
The NSW Government has announced a major economic support package worth billions of dollars serving a purpose to help businesses and individuals right across the state who have been impacted by the latest covid-19 lockdown. Treasurer Dominic Perrottet said the NSW Government was offering support in as many areas as possible, with payroll tax cuts […]
Australia’s Major Banks Announce Loan Repayment Deferrals Amid New Covid Lockdown
Some of Australia’s major banks have announced new support measures to assist businesses and individuals who have been impacted by Sydney’s extended covid-19 enforced lockdown and other snap lockdowns and travel restrictions across the country. With fresh restrictions being tightened on what kind of shopping is deemed “essential” for the purposes of leaving home, more […]
Job Vacancies Across Australia Increase by 57 Percent
As various parts of Australia are impacted by new outbreaks of covid-19, the latest job vacancy figures published by the ABS illustrate that job vacancies have risen by 57 percent in May 2021 compared with the figures released in February 2020. One of the major reasons for these labour statistics is the fact that there […]
