Amendments to the corporate residency test have been drafted in an effort to partly move away from current administrative guidance which relies heavily on the physical location of directors… Read More
The Government is introducing a JobMaker Hiring Credit scheme for new employee positions created by eligible employers. The scheme will run from 7 October 2020 to 6 October 2022 and will hav… Read More
The Federal Treasurer, Mr Josh Frydenberg, handed down the 2020/21 Federal Budget at 7:30 pm (AEDT) on 6 October 2020. Australia’s economic response to the COVID-19 pandemic in the for… Read More
Legislation relating to the extension of the JobKeeper Payment scheme has been introduced into parliament and is expected to pass early September 2020. The extension of the scheme will allow… Read More
The purpose of this Fact Sheet is to enable you to make a quick assessment of your eligibility for the Government’s JobKeeper Payment Scheme extension beyond the original end date of 2… Read More
The Government announced a “JobKeeper” payment scheme to subsidise wage payments for eligible businesses affected by the COVID-19 pandemic. The payments will comprise of a paymen… Read More
In response to the economic downturn caused by COVID-19, the federal government has made amendments to current social security rules for the six-month period 27 April 2020 to 27 October 2020… Read More
The government will allow individuals affected by COVID-19 to withdraw $10,000 from their superannuation account in 2019/20 under the hardship provisions. Also, a further $10,000 can be with… Read More
In light of the economic impact from COVID-19, the federal government will provide a guarantee of 50 per cent to registered lenders to support short-term unsecured loans to small and medium… Read More