A new jointly funded package from the Commonwealth and Victorian Governments will give Victorian small and medium businesses the extra support and confidence they need to recover from the most recent lockdown. New cash payments will underpin businesses most affected by the lockdown introduced to
Australian exports have performed strongly since the start of the pandemic. Most of our principal goods-export partners are in Asia and these economies have weathered the storm comparatively well – so far. Economic strength in the Asia region is the principal reason why Australia’s resources,
The AUD failed to benefit from the generally weaker USD, in contrast to all other major currencies which rose during the last week of July. From mid-month, a very sharp fall-back in iron ore prices, albeit a commodity with a very fickle and sometimes non-existent
The Palaszczuk Government will provide $5,000 payments to small and medium businesses across Queensland affected by the current COVID-19 lockdown and lockdowns in other states. Treasurer and Minister for Investment Cameron Dick said the $260 million 2021 COVID-19 Business Support Grant program would help small
Small businesses are in financial distress as a result of the COVID-19 lockdowns. The reality is some of them won’t survive. The current JobSaver support is welcome – very welcome. But it won’t be enough on its own to save small businesses and their employees.
How long has it been since you’ve paid with cash? For many Australians, the answer could be months – even years. Paying with actual physical notes pulled from a wallet or purse is increasingly falling out of fashion. In 2007, cash accounted for 69 per
A new jointly funded package from the Commonwealth and Victorian Governments will give Victorian small and medium businesses the extra support and confidence they need to recover from the recent lockdown. The new Victorian Business Support Package will deliver an additional $400 million in support
Larger businesses will now be eligible and the maximum payment will be increased. The joint NSW Government and Commonwealth JobSaver program will be significantly boosted to give greater support to businesses and individuals impacted by the extended COVID-19 lockdown. JobSaver payments will now be available
Consumer stress rose for the second straight quarter in Q2’21, led by growing concerns over government policy, funding retirement and costs of living, despite fears over job security falling to below pre-pandemic levels. Consumer stress remains highest in NSW, ACT and VIC, but rose most
The last 18 months have shown us the difficulty of developing one perfect, all-encompassing financial support package that works for all small business owners. What we need is a multi-layered approach that covers rent, wages, staff retention, mortgage payments, other loan repayments, and utilities. Every
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