Peter Strong: Australia’s economic recovery depends on us all listening to each other
If we are to build a great economy again, we must listen to each other, says Peter Strong from the Council of Small Business Organisations Australia.
What small business owners need to know about the coming recession
Australia's economic outlook is pretty dreary, according to Treasury. Here's what small business owners need to know about the coming recession.
“The reality of where the economy is at”: With tax collection down, budget forecasts are only going to get worse
Even if the government hadn’t spent $5.9 billion on JobKeeper and other emergency measures last financial year, its budget position would have collapsed.
Unemployment to hit 9% by Christmas: Treasurer braces small businesses for extended downturn
Treasurer Josh Frydenberg has unveiled a set of sobering economic figures as he prepares to rip billions of dollars in wage support from businesses.
Three takeaways from Treasury’s JobKeeper review
Treasury spent three months reviewing JobKeeper, but we know you probably won't read the entire report. Here are three quick takeaways.
JobSeeker changes for sole traders: COVID-19 supplement extended but amounts reduced
The JobSeeker COVID-19 supplement has been extended for sole traders, but the government has reduced the total amount available under the program.
JobKeeper 2.0: Wage subsidies reduced but extended until March 2021
JobKeeper has been extended until March 2021 but payments will be reduced and additional eligibility tests will be handed down for SMEs and sole traders.
Government-backed COVID-19 loans extended, now worth up to $1 million
The federal government's small business COVID-19 loans scheme will now offer up to $1 million over a five-year term.
JobKeeper changes: What we know about the ‘second phase’ of wage subsidies
JobKeeper will be varied later this week but will continue in some form for many more months as the Morrison government looks to step up SME support.
How long does a recession last for?
How long does a recession last for? The short answer is 11 months. Here's what we know based on past and current analysis of recessions in Australia.
Rethinking tax reform: The once-in-a-generation opportunity to unshackle Australian businesses
As COVID-19 wreaks havoc on world economies, there has never been a better or more crucial time to redesign Australia's tax system. And SMEs could benefit.
Peter Strong: Small businesses are the beating heart of their communities, and they need those communities now more than ever
Small businesses are the beating heart of their communities, but they need the support of those communities now more than ever, says COSBOA's Peter Strong.
