by Shared by MyBusiness | Jul 22, 2020 | News
At the moment, JobKeeper in its entirety, as a 12-month program, is expected to cost Australia $86 billion. Right now, it’s supporting around 3.5 million workers or 960,000 businesses, but come Christmas the number of employees on the payment is predicted to drop by...
by Maja Garaca Djurdjevic | Jul 22, 2020 | News
With the current JobKeeper scheme due to end on 27 September, the government has introduced a two-tiered, scaled-down successor for employers that remain eligible, removing the adverse incentives created by the original scheme. While the JobKeeper review did find that...
by Shared by The Age | Jul 21, 2020 | News
Industry insiders said Australia’s world-leading research made it a target for state and non-state actors, with experts warning hackers aren’t just looking for vaccine and treatment blueprints, but also for information about supply chain logistics,...
by Shared by Accountants Daily | Jul 21, 2020 | News
In the lead-up to 30 June this year, the ATO announced it would allow an extension of time to meet the minimum yearly repayment for a complying Division 7A loan for those impacted by COVID-19. Read more at Accountants Daily.
by Shared by MyBusiness | Jul 21, 2020 | News
Remarking on the final report from the Insolvency Practices Inquiry, Ms Carnell said the system needs to change dramatically so that small-business owners are given the chance to make important decisions about the future of their business. Read more at...