Holding out for JobKeeper? There’s a cashflow catch you need to know about
In order to be eligible to claim JobKeeper, employers must have already paid out employees’ wages from March 30 to the time they receive the payment.
JobKeeper package could now offer relief to pre-revenue startups
The government’s $130 billion JobKeeper wage subsidy package may now offer some support to pre-revenue startups, as new eligibility criteria is revealed.
Benefits versus costs: Should we start unlocking Australia?
Health Minister Greg Hunt has said it’s time to think about lifting restrictions. But when can we start, and which lockdowns should be relaxed?
Two safe harbours: What business owners need to know about insolvent trading during the COVID-19 pandemic
One of the earliest economic stability measures passed by the federal government to battle COVID-19 involved a new form of safe harbour.
From elite athletes to remote workers: Lumin Sports pivots on the back of a $650,000 raise
Lumin Sports founder Ben Tripodi has adapted his elite athlete training software after identifying an opportunity in remote worker wellbeing.
Lower SME company tax, limit negative gearing and ditch franking credits: How to pay for our ballooning debt
At the end of this financial year, our federal debt will exceed $320 billion. We will need real tax reform to reduce our ballooning debt levels.
To bail or not to bail: Why the government rebuffed Virgin’s request for a $1.4 billion loan
Virgin Australia last week asked the ASX to suspend trading of its shares after the government rebuffed its request for a $1.4 billion loan.
Coronavirus update for business: Kmart closures, gambling on the ASX, and tacos to the rescue
Kmart turns stores into e-commerce fulfilment centres, Crown lays off 95% of staff, and Sportsbet slapped on the wrist for treating the ASX like the oval.
‘Dob them in’: Morrison lays down the law for employers thinking of pocketing the JobKeeper subsidy
Employers that try to keep JobKeeper cash for themselves can expect the full force of the law — and employees should be dobbing them in, Scott Morrison says.
Snappy and flashy: Brisbane camera retailer makes two-day pivot to offer personalised sales online
During COVID-19, Brisbane photography retailer CameraPro is offering would-be customers a store-style shopping experience via video chat.
Despite what you might have heard, eradicating COVID-19 is Australia’s best economic strategy
Australia appears to be containing the spread COVID-19. But the economic costs of re-opening prematurely could be enormous.
JobKeeper, JobSeeker and… JobTrainer? Australia has one billion hours of borrowed time, and we need to use it
If the economy has shed one million jobs, then we’ve gained about one billion hours of available time, and it should be used for upskilling.