Insights

Over the last 24 hours, the Federal Government has announced the introduction of its mandatory Code of Conduct for Commercial Landlords & Tenants.

We’ve highlighted the new key measures of support set in place over the last few days by the Federal Government & other bodies to provide assistance to SME businesses, facing on-going challenges as a result of COVID-19.

The QLD Government has now opened applications for the previously announced COVID-19 Jobs Support Loan Scheme.

Earlier today, the Queensland State Government announced its extended economic rescue package - providing an additional $4 billion in financial aid measures.

The Federal Government has announced its second stage release to their Economic Stimulus Package in response to COVID-19.

To assist businesses experiencing financial difficulty as a result of the Coronavirus (COVID-19) outbreak, the Australian Tax Office (ATO) as announced the following relief options:

Announced late last month, Federal Parliament has now passed the Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019 or "Superannuation Guarantee Amnesty Bill", and is currently awaiting Royal Assent. 

Last week, the Federal Government announced its passing of their Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019.

As a business owner, much of your time is focused on day-to-day logistical, operational, and client relationship management processes required to build & maintain a healthy cash-flow throughout your business.

We would like to extend our thoughts to those facing hardship & who may have been impacted by the severe bushfire conditions currently on-going throughout Queensland.