$10,000 COVID Grants for NSW Small Businesses

Small businesses impacted by COVID-19 shutdowns will receive grants of up to $10,000 under a new assistance scheme announced by the NSW Government on 3 April 2020. The NSW Government will put $750 million into the Small Business Support Fund as the centrepiece of a...

The JobKeeper Payment Scheme Explained

The JobKeeper Payment is a temporary scheme open to businesses impacted by the coronavirus. The JobKeeper Payment will also be available to the self-employed. The Government will provide $1,500 per fortnight per employee for up to 6 months. Employers will be eligible...

COVID-19 Measures: The New Business Insolvency Rules

An essential aspect of the Federal government’s response to the coronavirus (COVID-19) outbreak is a temporary relief package for financially distressed businesses. As we have looked into briefly in our previous articles, this economic response plan by the government...