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Prime Minister Morrison and Treasurer Frydenberg yesterday announced the temporary Jobkeeper payment worth $130 billion over the next six months. It is designed to help employers keep their staff – even if they can’t technically work in the current environment – and help employees keep their jobs. The objective is to maintain the workforce in…

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The Australian Tax Office (ATO) has issued a statement in recognition of these difficult times for business. The statement included a number of tax relief options to reduce stress and help keep SMEs open for business through projected downturn. Businesses who have no financial stress or concerns may be able to continue to meet their tax…

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Sharemarkets continue to fall on the back of growing concerns about the spread of the coronavirus. At times of heightened market volatility, it’s easy to fear how your superannuation and other investments might be affected, but it’s important to understand the nature of market movements before making any sudden decisions. Falls are normal, even without…

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The Federal and State Government Stimulus Package is the most significant since war time. It totals to more than $189 billion across the forward estimates, representing 9.7 per cent of annual GDP. This article includes a top-line summary of support available for individuals, households and businesses. Our team of Accountants and Financial Planners are working…

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Employers and employees are faced with more questions than there are answers when it comes to workplace arrangements in regards to coronavirus. We are supportive of the Government advice to prioritise the health and safety of Australians, and to keep the workforce ticking as best we can. Here are some guides from the NSW Business…

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