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Funding & Cashflow

Small businesses are overlooking $150k instant asset write-offs amid lockdown

The ATO is offering $150,000 per asset write-offs as an economic lifeline for small businesses struggling financially amid the pandemic. Despite the write-offs being five times the normal amount granted to small businesses in...

Home Cooking Soars as Aussies lockdown & watch purse strings

Shopper Media today released the findings of its Consumer Sentiment Study, revealing the impact of COVID-19 on current and future shopping patterns and the behavioural and attitudinal shifts driving the changes. The Consumer Sentiment Study...

Business investment to drop 18% in June quarter Treasury predicts

Treasurer Josh Frydenberg's statement on the economic impact of the COVID crisis: Household consumption and business and dwelling investment are all forecast by Treasury to fall sharply in the June quarter. The combination of social distancing,...

Treasury predicts GDP to fall 10% by June – the biggest fall on record

Treasurer Josh Frydenberg's statement on the economic impact of the COVID crisis: Australia finds itself at war against a faceless and flagless enemy. The coronavirus has created a one in a hundred year event. A...

How the Fourth Industrial Revolution can help us beat COVID-19

Image: Reuters China, South Korea and Taiwan are just some of the places using Big Data, AI and other emerging technologies to manage the effects and mitigate the risks of COVID-19; Jamaica and several...

COVID-19: this is how Asia-Pacific is emerging from lockdown

Image: Reuters/Soe Zeya Tun • Asia-Pacific are beginning to introduce easing of lockdowns due to COVID-19. • Even countries with low case rates face economic hardships. • Phased reopenings are being implemented in many places. Countries all over the world...

Is this the Afterpay of small business?

Cloudfloat is one of a number of companies looking to bring buy now pay later to businesses. When Afterpay was founded in 2015, few could have predicted the impact that it and other buy now pay...

NSW gov. adds $14 million to Business Connect program to build resilience in small...

The NSW government is encouraging all small businesses struggling due to the COVID-19 pandemic to register with the state government’s small business advisor program. The program includes Business Connect, which will receive a boost...

$20-100,000 in cash flow boosts available for small to medium businesses

Recently passed legislation provides temporary cash flow to small-to-medium businesses to curb losses created by COVID-19. Eligible businesses can receive $20,000 to $100,000 in cash flow boost amounts but must lodge their activity statements...

Enrollment for Jobkeeper payments now open

The highly anticipated Jobkeeper payment scheme is now open for enrollment. The ATO urges people wishing to claim Jobkeeper payments for April to enrol in the program by the end of the month.  The 130$...
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