Tag: snap lockdown

Australia’s Economic Recovery Has Hit A Major Roadblock With Recent Lockdowns

Newly published data illustrates that Australia’s economic recovery significantly stagnated in July, as this was the month where small businesses recorded their worst performance since December 2020 in the face of ongoing lockdown restrictions affecting more than half of the Australian population. On Thursday 26th August Xero published results of their latest small business index, […]

Australians In Lockdown Have Had Bills Increased By $233

Over 15 million Australians are living in strict lockdown conditions as of 19th August. Although there are many people who are saving money as a result of staying at home, the cost of living for many is surprisingly only getting more expensive. Recently published research has demonstrated that 27 percent of Australian households have seen […]

Covid-19 Small Business Support Grants For ACT Based Businesses

Businesses in Canberra who have been impacted by the recent covid-19 lockdown are now able to apply for support grants which are being provided by the ACT Government. Businesses who are eligible will be able to receive up to $10,000 (businesses with employees) or $4,000 (for businesses without employees). These funds will be available for […]

Banks Offering Support To Australian Businesses And Households During Lockdown

Banks across Australia have been granted a bit over 15,000 repayment deferrals on home and business loans during the recent lockdowns taking place across the country. Since Thursday 8th July, over 600 business loans have been deferred, including 14,500 home loans, with NSW said to be the origin of a majority of hardship assistance requests, […]

Australia Set To Avoid Another Recession Despite New Lockdowns

According to the Reserve Bank of Australia’s Governor Philip Lowe, Australia is set to avoid another recession, despite the countries recent economic comeback being halted by the number of new lockdowns introduced across the country to stop the spread of the Delta covid-19 variant. Mr. Lowe believes that Australia’s economy will bounce back quickly once […]

Queensland State Government Offers $10000 Lifeline For Businesses Impacted By Lockdown

Queensland businesses who are struggling as a result of the state’s newest lockdown have been given a financial support lifeline by the state government in the form of a $10,000 lockdown grant. The announcement was made on Monday 2nd August by Queensland Treasurer Cameron Dick, who revealed that the $260 million support package will be […]

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 […]