by Maja Garaca Djurdjevic | Sep 2, 2020 | News
The latest national accounts have confirmed the devastating blow to the Australian economy from COVID-19, with the June quarter recording the largest quarterly GDP fall on record. “Since the series began in 1959, the previous largest fall was 2 per cent in...
by Shared by SMSF Adviser | Sep 2, 2020 | News
Treasury Laws Amendment (More Flexible Superannuation) Bill 2020 entered the Senate this week after first being introduced into Parliament in May this year. Read more at SMSF Adviser.
by Shared by MyBusiness | Sep 2, 2020 | News
The JobKeeper program has provided cash flow support to over 900,000 businesses and income support to some 3.5 million workers to date. But once the JobKeeper extension kicks in on 28 September, the number of eligible employees is expected to contract to 2.2 million....
by Maja Garaca Djurdjevic | Sep 1, 2020 | News
The Coronavirus Economic Response Package (Jobkeeper Payments) Amendment Bill 2020 was passed by Senate on Tuesday, extending the government’s wage subsidy program by six months to 28 March 2021. Under the new regulation, the current JobKeeper subsidy rate of $1,500 a...
by Shared by SMSF Adviser | Sep 1, 2020 | News
On 22 June this year,Treasury Laws Amendment (2019 Measures No. 3) Act 2019 (Cth) received royal assent, having retrospective effect to 1 July 2017. Read more at SMSF Adviser.