The Federal Government announced that the JobKeeper subsidy and the JobSeeker supplement will be extended, but will be reduced.
Home »
News Articles
Australian Government Announces the JobTrainer Program
To help stimulate the economy as it recovers from COVID-19, the Federal Government has announced a $2 billion JobTrainer Program. The JobTrainer skills package is for people needing to retrain or gain new skills in new sectors. The package will also be used to...
The ATO Big Brother is watching!
The ATO is increasing their focus on collecting more tax, as the Government is spending more money. With the new programs for COVID19, the ATO is using this as an opportunity to increase its activity, particularly on COVID19 programs.
Government Debt – is it too high?
How much Government Debt is too much? We’re not even close! This is not a bad news story! Does that make it a good news story? Not quite, but all the Australian Government spending is designed to keep the current recession from being too sharp or going on too long....
Interest Rate on Loans – To Fix or not to Fix?
With the ongoing uncertainty in the economy and markets due to COVID19, there has been a lot happening with banks, loans and interest rates such as: Repayment holidays on loans; and The lowest interest rates we have seen We have assisted a number of clients to decide...
Increase in Minimum Wages commencing 1 July 2020: What to watch out for in your business for payroll
Now that you have finalised your End of Financial Year for 2020, the new financial year begins. The Fair Work Commission has just announced a 1.75% increase to minimum wages for all Award wages under the national workplace relations system, for the coming 2021...