The original JobKeeper payment was announced by the Federal Government in late March 2020 in response to COVID-19 and comprised a $1500 per fortnight wage subsidy for businesses so they could continue to pay eligible workers. For the most part, this payment helped keep people employed and their heads above water, and around 920,000 organisationsread more
The Federal and State Governments have spent billions of dollars over the past few months in response to COVID-19 in the form of stimulus measures such as JobKeeper payments and an increase of the Instant Asset Write-Off threshold. Where schemes like these exist to keep businesses afloat; allow individuals to retain employment; and sustain spendingread more
Over the past few weeks, much has been announced about what the Australian Government will be bringing in to help mitigate the impact of Coronavirus (COVID-19) on the economy. Keeping on top of everything that's happening in the world at the moment is challenging, so we've put together this summary of the critical measures thatread more
Businesses going under, workers being stood down, and a global economic downturn – Coronavirus (COVID-19) has had a significant impact on more than just the worldwide healthcare system. While the federal and state government stimulus packages have brought relief to existing residential and commercial tenancy arrangements, the current economic slowdown is putting different pressures onread more
The Australian Government has announced a third stimulus package, which is welcome relief for businesses and employees alike. The ‘Job Keeper’ Package will subsidise wages of $1,500 for each eligible employee (per fortnight) for a period of up to six months for all eligible businesses. In case you’ve missed out previous updates on the stimulus packages, feelread more
Following the announcement on Friday that the federal government would be bringing in an extensive stimulus package to mitigate the economic impacts of Coronavirus (COVID-19), Western Australian Premier Mark McGowan has this morning laid out his own plans to bolster the WA economy. If you haven’t yet read our recent article on the federal stimulus,read more
The festive season is here! As the year draws to a close, the whole team at McKinley Plowman would like to wish everyone a safe and happy Christmas and New Year, and we look forward to working with you in 2020. What a year it’s been! From the MP+ foundation to regular seminars; the developmentread more
Getting your personal finances in order at the start of the new financial year is nothing new – we even looked at that in a recent article! But what about those of us in business? Whether your 2018/19 financial year was one of your best or one of your toughest, there’s always room for improvement.read more
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