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Is your small business eligible for $20-100k in cash flow boosts from the ATO?

Temporary cash flow boosts will support small and medium businesses and not-for-profit organisations during the economic downturn associated with COVID-19. Eligible businesses and not-for-profit (NFP) organisations who employ staff will receive between $20,000 to $100,000 in cash flow boost amounts by lodging their activity statements up to the month or quarter of September 2020. The

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Strong rebound forecast for Victoria’s economy

Victoria’s economy is forecast to be the fastest growing in Australia in 2021, according to the Deloitte Access Economics Business Outlook Report released today. The report estimates Victoria’s economic growth will hit 5.4 per cent this year, leading Queensland (4.7 per cent), New South Wales (4.2 per cent), Western Australia (3.5 per cent), South Australia (3.4 per

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$20 million fund supporting regional SMB recover in SA

Wineries, boutique accommodation, a distillery expansion, a Far North micro-brewery and a houseboat build are among the latest tourism projects to benefit from the Marshall Liberal Government’s regional stimulus program. A further 12 new regional tourism development projects have been granted funding under the South Australian Tourism Commission’s Tourism Industry Development Fund (TIDF). This brings

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$200k in funding for cultural tourism sector reboot in QLD

The Palaszczuk Government has announced $200,000 in new funding to support Indigenous festivals, events and jobs for the Year of Indigenous Tourism. Tourism Minister Stirling Hinchliffe said applications for event funding were now open. “This is an excellent opportunity to develop existing and new Indigenous tourism experiences and encourage even more visitors to make Queensland

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Access to capital for SMBs: key to survival in perfect storm, says Ombudsman

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is urging the Federal Government to establish a revenue-contingent loan scheme for small businesses, to provide them with the cash flow they need to survive the next 12 months. With government support measures being withdrawn, banks continuing to subject small business borrowers to onerous credit

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Andrews announces $500k in funding for regional VIC startups

The Andrews Labor Government has announced almost $500,000 in funding to support the creation and growth of startups in regional Victoria. “This investment will enable the next generation of regional entrepreneurs to have a go at getting their big idea off the ground,” says Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford.

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