Three ways “hibernation” can help startups weather COVID-19 Coronavirus Benjamin Chong 21 April 2020 Prime Minister Scott Morrison is calling for business "hibernation", but how does a startup take cover from a severe and prolonged economic downturn?
Why business owners shouldn’t throw in the keys too soon Coronavirus Scott Robson 9 April 2020 A lack of information could lead to thousands of sustainable businesses closing permanently without directors fully considering a hibernation strategy.
“Leap of faith”: Businesses mull ‘ATO discretion’ amid wage subsidy eligibility uncertainty Coronavirus Matthew Elmas 2 April 2020 Small businesses and startups are calling for the Morrison government and the ATO to clarify wage subsidy eligibility rules.
Government unveils $130 billion wage subsidy for small business, including sole traders Coronavirus Matthew Elmas 30 March 2020 The federal government has unveiled an unprecedented wage subsidy scheme that will see business payroll supported through the coronavirus crisis.
Government to pay wages as Aussie firms prepare to sleep through coronavirus Coronavirus Matthew Elmas 30 March 2020 The Morrison government will support wages to the tune of $1,500 a fortnight for full-time workers as it prepares for business hibernations.