TOPIC
Why banks are now chasing your SME clients
Australia’s big banks and non-bank lenders have a new focus: small business. This pivot is driving competition and improving access to finance for SMEs.
145,000 jobs could be lost with JobSeeker cuts, says Deloitte
The analysis from Deloitte Access Economics, and commissioned by the Australian Council of Social Service, found that if the government cuts...
Regional Victoria hits step 3 of roadmap ahead of schedule
The area reached a 14-day average of 3.6 coronavirus cases with no mystery cases on Tuesday. As a result, an easing of restrictions will apply...
ATO issues compliance update for large business
The Australian Taxation Office is reminding businesses that all applications for JobKeeper payments are checked, with the Tax Office currently...
$100m support stimulus announced for Victorian sole traders
The stimulus will target business owners likely to be negatively affected by step 2 of the Victorian government’s plan out of lockdown announced...
Victoria announces $3bn in business support, including $1.1bn for SMEs
Premier Daniel Andrews has announced a multibillion-dollar package to help businesses survive and keep Victorians in jobs. “For our state to...
Deferral of SG increases will help businesses, says Ombudsman
In a letter to Treasurer Josh Frydenberg, Ms Carnell proposed a two-year deferral on legislated SG increases. Read more at...
Banks begin contacting customers for 6-month loan assessments
Of the more than 900,000 loans that have been deferred across the pandemic, at least 450,000 loan deferral customers will be assessed in coming...
Andrews’ roadmap dubbed a ‘death sentence’ for business
The much-anticipated roadmap unveiling didn’t go quite as planned on Sunday, with Premier Dan Andrews announcing that Melbourne will remain under...
Some 1.3 employees to lose right to JobKeeper at month’s end
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...
Vic businesses hit Andrews government with class action claim
Damian Scattini, a partner at Sydney-based Quinn Emanuel Urquhart & Sullivan, told MyBusiness that he served the Victorian government with an...
