by Staff reporter | Nov 11, 2021 | News
Lockdowns and trading restrictions left many SME clients in financial difficulties and unable to pay for the increased support. “Accountants have been a critical intermediary in ensuring that the pandemic support packages are dispensed swiftly and with integrity to...
by Shared from accountantsdaily.com.au | Nov 11, 2021 | News
In a joint statement this week, NSW Police and Service NSW confirmed they had established Strike Force Sainsbery to “identify individuals who had fraudulently sought payments intended to support businesses and residents through the COVID-19 restrictions”. Read more at...
by Keeli Cambourne | Nov 10, 2021 | News
The RBA on Wednesday (10 November) released a report on household liquid assets (cash, deposits and equities) that indicates that although debt may have expanded across the board, the liquidity has risen strongly relative to income over the same period. “The increase...
by Keeli Cambourne | Nov 10, 2021 | News
The Australian Prudential Regulation Authority said that from the 1 million member accounts in products that failed the test, fewer than 68,000 have been closed, accounting for only 7 per cent of total accounts in the failed products, or only 4.2 per cent ($2.2...
by Keeli Cambourne | Nov 10, 2021 | News
The Business Boost Grant scheme has allocated more than $470 million to small businesses in Queensland since March 2020. Grants of up to $15,000 have been given to small businesses as part of the government’s Big Plans for Small Business Strategy, along with Business...
