Posts

2021 Federal Budget business breakdown

What the Federal Budget means for business

To help create jobs, business investment and confidence after COVID-19 created the first recession since 1990, the Federal Government has just released a big spending 2021-22 Federal Budget.

Based on our analysis, the big winners appear to be:

Business – the instant tax deduction for buying equipment, cars, […]

NSW small business fees and charges rebate

Apply for small business fees and charges rebate

Small businesses and not-for-profits in NSW are now able to apply for rebates of up to $1,500 thanks to a new rebate scheme aimed to offset NSW and local government fees.

Launched on 1 April 2021 and lasting until 30 June 2022, the Small Business Fees and […]

Boosting Apprenticeship Commencements wage subsidy program

Thousands of New Apprentice and Trainee Jobs

The targeted wage subsidy program, as part of the Government’s National Economic Recovery Plan, is being expanded

As a result, tens of thousands of new job opportunities will be created for apprentices and trainees across Australia.

The Boosting Apprenticeship Commencements wage subsidy program is fully subscribed, helping […]

SME Recovery Loan Scheme

Expanded SME loan scheme

The government has announced an extension and expansion of its SME Recovery Loan Scheme.

Enhancing lenders’ ability to provide cheaper credit, the scheme is allowing many otherwise viable SMEs to access vital additional funding to get through the impact of Coronavirus, recover and invest for the future.

The expansion of the scheme […]

Dine & Discover NSW

Dine & Discover NSW program

The NSW Government has launched Dine & Discover NSWto encourage the community toget out and about,support dining, arts andtourism businesses and stimulate spending in our economy.

Hospitality, entertainment and tourism businesses in New South Wales are being encouraged to sign on to the state government’s Dine & Discover program as […]

Victorian Circuit Breaker Support Package

A $143 million support package has been announced

New support package announced for businesses affected by 5-day circuit-breaker.

It will help small businesses and sole traders affected by the recent 5-day circuit-breaker restrictions.

The Circuit Breaker Support Package will offer:

$2000 grants for eligible employing and non-employing businesses in the hospitality, food wholesaling, tourism, events […]

Future proof your small business with cloud technology

Small business thriving in a changed world

A couple of months ago, Xero commissioned a study through Forrester Consulting called The next chapter for small business: How to thrive in a changed world.

The study explores the impact of COVID-19 on small businesses and identifies some strategies that have proven successful in helping small businesses […]

NSW Grants, loans and financial assistance

Open grants and assistance programs

There are a lot of government grants available. To keep up with all of them and knowing what each will cover is a vast and time-consuming task if you do it properly.

Here we cover the NSW state government grants and incentives for small and medium enterprises which are currently […]

Simplifying small business insolvency

What Directors need to know about Australia’s new insolvency rules

On 1 January 2021, new laws came into effect that simplified debt restructuring and liquidation framework for small business.

Drawing on the US’s Chapter 11 bankruptcy model, the new system aims to accelerate the insolvency process, reduce costs and, where possible, restructure to help the […]

JobMaker Hiring Credit

Information for employers

The JobMaker Hiring Credit is for employers

The JobMaker Hiring Credit recently opened for employers and we would like to share some information with our clients to make you aware of this opportunity.

The scheme applies to employees starting employment between 7 October 2020 and 6 October 2021.

It is a scheme […]