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While the financial year in Australia is about to end on 30th June, the ramifications of COVID-19 are still being experienced by many businesses. Now is a good time to think strategically about plans for both emerging from the crisis,…
Many businesses have been heavily impacted by the coronavirus pandemic and are surviving through the receipt of various government subsidies. These subsidies have been a welcome lifeline, but they will be of limited duration.
On Monday 30 March 2020, Australian Prime Minister Scott Morrison announced further government assistance to employers in the form of a ‘JobKeeper Payment’. The support is designed to help businesses keep on current or recently ‘stood down’ employees.