News

August 5, 2020

COVID-19 Daily Update

Wednesday 5th August 2020   Pandemic leave payments to start for Victoria The Federal Government has announced, via Services Australia, that it is to introduce a […]
July 21, 2020

JobKeeper extended but eligibility and rates to change

  JobKeeper will be extended beyond September, but businesses will face fresh eligibility tests based on actual declines in turnover, as Treasury releases its review of […]
July 20, 2020

Vehicles and new accelerated depreciation under ‘Backing business investment’

  Introduced last March to aid businesses through the COVID-19 troubled market environment, the stimulus measure Backing business investment includes an incentive for entities in the 2019-20 […]
July 13, 2020

Fresh $534m support package for Victorian businesses

The Victorian government has announced new $5,000 grants for businesses impacted by the second round of restrictions across metropolitan Melbourne and Mitchell Shire.   Up to […]
June 22, 2020

Directors set for permanent identifier under new laws

Directors will soon have to apply for a permanent unique identification number or risk hefty fines, following the passage of new legislation.   Treasury Laws Amendment […]
June 15, 2020

$150k instant asset write-off extended for 6 months

The $150,000 instant asset write-off has now been extended until the end of the year as the government looks to spur businesses to invest.   The instant […]
May 28, 2020

Victoria’s Business Support Fund Extended to JobKeeper Participants

On 23 March, the Victorian Government announced its $500 million Business Support Fund as part of a $1.7 billion stimulus package. Initially only available to small […]
May 14, 2020

National Cabinet’s Mandatory code of Conduct for COVID-19: How it affects landlords and tenants

The Victorian regulations to implement the National Cabinet’s Mandatory Code of Conduct (National Code) for COVID-19 which impacts landlords and tenants, was passed on Friday 1 […]