With the NSW economy in the midst of re-opening, we have made little change to our forecasts this month. A very sharp fall in activity in Q3 is locked in – we expect a fall of around 3.5% – concentrated in NSW and Vic. In
COSBOA welcomes the new business support measures announced by NSW Premier Dominic Perrottet yesterday. Eligible small businesses in NSW will be able to claim a rebate of $2,000 for certain government fees, including tolls. The Premier also announced a stock guarantee, whereby small businesses will
Financial support for small business in the event of future lockdowns: Grants of up to $20,000 to compensate for loss. The NSW Government has announced financial assistance for small businesses to compensate impacted businesses for loss of perishable stock if a future local lockdown occurs.
Commonwealth Treasury has today released a report, titled ‘Insights from the first six months of JobKeeper.’ It confirms the JobKeeper program was well-targeted and highly effective in maintaining employment and supporting the economy during the biggest economic shock since the Great Depression. At the time
Eligible Australian travel agents and tour arrangement service providers with multiple shopfronts or retail premises from today will be invited to apply for a one-off $10,000 funding boost for each of their outlets. This additional funding is on top of support provided to travel agents
The Australian Trade and Investment Commission has updated 7 charts in the Why Australia Benchmark Report. The report provides a rich set of data demonstrating Australia’s value as a trade, investment and collaboration partner. Here are latest updates from the Benchmark Report September 2021. The
The Victorian Government will back creative workers and organisations with a new funding package to support them through the challenges of the pandemic and help them plan for future reopening. Minister for Creative Industries Danny Pearson today announced a $15 million package to support some
Every day of ongoing uncertainty and a lack of commitment to a nationally consistent plan to allow Queensland businesses to recover from economic impacts of COVID means businesses are less confident in the market, suffering greater losses and will take longer to recover. Key points
COVID-Safe posters and signage for business: printable posters, signs and stickers to get your business ready for reopening. The Government has released a COVID-Safe business toolkit of signs, posters and stickers to help businesses and other organisations communicate the accepted behaviours and standards of etiquette that will
Treasurer Josh Frydenberg: “Australia’s economy is resilient and well‑positioned to bounce back from the significant challenges brought about by COVID‑19” “Australia avoided a severe economic contraction, as seen in other parts of the world” “The economy is in a position to bounce back rapidly from
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