What the experts think of Australia’s $1,500 JobKeeper wage subsidies
The Australian government has outlined its $130 billion wage subsidy program to keep businesses open and workers employed. So what do the experts think?
National belief will help us overcome COVID-19, says COSBOA’s Mark McKenzie
Australians are resilient, and our economy will survive the COVID-19 crisis, writes COSBOA chair Mark McKenzie. But we must all work together to make sure that happens.
Panic buying drives supermarket sales up 40% — but retail outlook remains grim
New sales figures reveal grocery hoarding could tip the retail sector into positive growth in March, but the outlook beyond that remains bleak.
Picking an endgame: Why Australia must shut everything down, and restart when COVID-19 is gone
Nobody likes talking about the COVID-19 endgame, but Australia needs to choose one. It will determine the number of avoidable deaths and hospital admissions, and the deep and systemic effects on Australia’s economy and society.
‘Wrong size, wrong shape’: The coronavirus stimulus fails sole traders and freelancers
The federal government’s coronavirus stimulus package does little to help sole traders and freelancers, and exposes the “dangerous underbelly” of Australia’s labour market.
This is not the GFC: How businesses and the government can beat the coronavirus downturn
As the economic shock from coronavirus starts to hit home, Scott Morrison is imploring businesses to keep workers in jobs and suppliers paid.
Peter Strong: Small business tax concessions for coronavirus are needed now
Australia’s 2.3 million small business, and the more than 4.5 million Australians they employ, are most at risk because of the spread of the coronavirus, writes Peter Strong.
Coronavirus update for business: Kogan’s top-selling toilet, waiting for stimulus, and is the US in recession?
Small businesses wait on the government’s coronavirus stimulus, the US economy may already be in recession, and Kogan’s surprising top-selling toilet seat.
The government is reportedly considering wage subsidies, as well as cash injections and tax breaks, for its multi-billion-dollar coronavirus stimulus package. But is this what, or all, business needs?
The government is reportedly considering wage subsidies, cash injections and tax breaks for its multi-billion-dollar coronavirus stimulus package.
Spotlight to offer Harris Scarfe lifeline, but uncertainty remains for stores and staff
Prominent department store chain Harris Scarfe looks set to emerge from receivership, with the Spotlight Group given exclusive rights to buy the collapsed business.
From smartphones to rail wagons, here’s how the coronavirus shutdowns will cause high-tech shortages in Australia
China is at the heart of global manufacturing, and as supply chains suffer because of the spread of coronavirus, panic is beginning to set in.
A shocker Christmas: Retail slides 0.5% in December as traders brace for a rough 2020
Dashing hopes that Aussie shops may have eked something to write home about last December, ABS figures reveal total turnover fell 0.5% month-on-month.