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NSW COVID-19 assistance updates

Updates to NSW COVID-19 assistance conditions

Service NSW updates to eligibility requirements for decline in turnover testing

Please note the following changes to conditions when applying for either the Small Business Grant, JobSaver assistance or the Micro-Business Grant.

Summary of latest updates

The comparison period used for the purpose of working out […]

NSW JobSaver extended

NSW expands JobSaver as lockdown is extended

The state will expand the JobSaver turnover threshold and increase maximum payments.

It aims to support Greater Sydney as the area braces for another four weeks of lockdown.

New South Wales Treasurer Dominic Perrottet has announced an expansion of the JobSaver payment, which will see the turnover eligibility […]

NSW 2021 COVID-19 micro-business grant

2021 COVID-19 micro-business grant

Applications close 18 October 2021

If you’re a micro-business (small business, sole trader or not-for-profit organisation with aggregated annual turnover between $30,000 and $75,000) impacted by the recent COVID-19 restrictions, you may be eligible to apply for a fortnightly payment of $1,500 to cover business expenses for the duration of the Greater […]

COVID-19 JobSaver payment

About the COVID-19 JobSaver payment

Program closes 18 October 2021

Various Public Health Order restrictions and COVID-19 border closures have created challenges for many businesses across New South Wales that will either be forced to close or experience reduced demand.

JobSaver will provide cash flow support to impacted businesses to help […]

2021 COVID-19 business grants

Financial assistance for NSW and Victorian businesses

Grant information is current and correct at the time of publishing. Please always check program details for application closing dates and other deadlines in the source information provided.

If you’re considering applying, we strongly encourage you to prepare your quotes and documentation in advance. Applicants often require an […]

How business owners can win and keep the right talent

Many small business owners remain optimistic about a new financial year

Despite this, the ongoing uncertainty around COVID-19 has resulted in an unstable economy, with the impact on the job market hard to predict.

In fact, Xero research revealed that almost half of small and medium business owners believe small businesses will be key […]

Tax-free treatment of COVID-19 grants to be extended

Tax treatment of COVID-19 grants

State and territory grants issued to small businesses in response to COVID-19 will continue to be tax-free under a new bill introduced into Parliament.

Treasury Laws Amendment (COVID-19 Economic Response) Bill 2021 has now been introduced into Parliament, extending the application of the non-assessable non-exempt income status to eligible business support […]

NSW COVID-19 business support packages

Major new COVID-19 support package to help NSW businesses

The NSW Government has announced a major new grants package plus Dine & Discover changes.

They are intended to help small businesses and individuals across NSW impacted by the current COVID-19 restrictions.

The package includes grants of between $5,000 and $10,000 for small businesses, payroll tax […]

Bringing Cash to the Centre

Emerging Cash Management Best Practices

The initial response of many business leaders to COVID-19 was to ensure survival.

Most succeeded and, in the process, reinvented their business to suit the ‘new order’.

Some reduced the range of activities or down-sized in anticipation of better days. Others preserved cash by reducing external spending, cutting dividends, closing temporarily and […]

VIC Circuit Breaker Business Support Package

Package overview

The Victorian Government has launched the $250.7 million Circuit Breaker Business Support Package to assist small to medium businesses and sole traders, under the circuit breaker restrictions announced on 27 May 2021.

The package will support businesses unable to operate due to these necessary public health measures, including targeted support for the events […]