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COVID-19 | Small & Medium Businesses Granted Rental Waivers and Deferrals

Emma Zajac
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Small and medium businesses will now be granted rental waivers and deferrals under a mandatory Code of Conduct unveiled by Prime Minister Scott Morrison. Under the Code of Conduct, landlords will be required to reduce rent proportionate to the trading reduction in the tenant’s business caused by the coronavirus pandemic through a combination of waivers…
Restrictions Relaxed for Food Trucks & Dark Kitchens during COVID-19

COVID-19: Planning Rules Relaxed for Food Trucks and ‘Dark Kitchens’

Emma Zajac
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Ministerial Media Release | Author: Rob Stokes, Minister for Planning and Public Spaces and Damien Tudehope, Minister for Finance and Small Business Food trucks and ‘dark kitchens’ are now easier to set up and operate, thanks to new planning rules in response to the COVID-19 crisis. Dark kitchens – also known as virtual kitchens, cloud kitchens,…
Big Banks Outline Mortgage Repayment Relief

Big Banks Start to Release Loan Package and Mortgage Relief Options

Emma Zajac
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The major banks have outlined how they are supporting those affected by the coronavirus pandemic and its economic impacts, including mortgage repayment relief and interest rate reductions. On Thursday (19 March), the Reserve Bank of Australia (RBA), the federal government and the Australian Prudential Regulation Authority (APRA) announced a raft of new measures to support the domestic economy in the wake of the…
The Second $66.1 bn Stimulus Package: What You Need To Know

The Second $66.1 bn Stimulus Package: What You Need To Know

Emma Zajac
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The Government yesterday released a second, far reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides cash flow support of up to $100,000 for small business employers, and relaxes corporate insolvency laws. The stimulus measures are not yet legislated. Parliament will reconvene on Monday 23 March.…
The Stimulus Package - What You Need To Know

The Stimulus Package: What You Need To Know

Emma Zajac
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Following the Prime Minister’s media announcement late last week we have compiled a summary of the government’s COVID-19 economic stimulus support plans for both individuals and small businesses. We will provide additional client alerts and announcements on various matters as and when required, however for now if you or your business requires support, please reach…
Couple Wanting to Change Accountants but don't know how

The Daunting Decision of Changing Accountants

Emma Zajac
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Whether you’re a sole trader working from home whilst juggling the kids, own a cafe, just purchased a franchise, or run an established business, owning and operating a small business can be challenging even at the best of times. When there are downturns in the economy, or lending institutions tighten credit, a small business owner…
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