Prime Minister Scott Morrison Continues To Reject Calls To Bring Back JobKeeper
Prime Minister Scott Morrison has rejected calls to reinstate JobKeeper. This is despite their being 13 million Australians who are currently in lockdown which is over half the nation’s population. The Prime Minister strongly insists that there is no time to implement a system to deliver emergency payments to individuals who need it now. “I’m […]
NSW and Victoria Government Boosts Support For Business
New South Wales and Victoria State Governments have both announced an increased level of business support measures to lessen the burden of recent state lockdowns, while the federal government has also increased its support for individuals as the covid-19 crisis continues to drag on. NSW Government Opens Applications For JobSaver On Monday 26th July, applications […]
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 […]
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 […]
Australian Government Rejects Calls to Bring Back JobKeeper NSW Businesses in Lockdown
On Wednesday 7th July, the lockdown for the Greater Sydney Region was extended to a third week. As a result of the ongoing number of new covid cases in Sydney businesses have begun calling for the re-introduction of JobKeeper. The Treasury has responded to the requests by saying that workers in NSW who have been […]
NSW State Government Announces Support Package for Small Businesses Impacted By New Lockdown
The New South Wales State Government has announced a new support package to assist small businesses with the economic impact caused by the recent two week lockdown. The package includes grants of between $5,000 and $10,000 for small businesses, payroll tax deferrals for all employers, and an extension of the Dine and Discover program to […]