Land tax relief for landlords
The Victorian, New South Wales and Queensland governments have each announced land tax relief measures for eligible landlords impacted by COVID-19.
The Victorian, New South Wales and Queensland governments have each announced land tax relief measures for eligible landlords impacted by COVID-19.
As part of the Victorian Government’s stimulus package to ease the economic impact of COVID-19, payroll tax measures have been introduced to assist businesses manage their obligations through these trying times.
Legislation to introduce the Federal Government’s JobKeeper payment program was introduced and passed by the House of Representatives Wednesday 8 April 2020. Under the program, eligible employers will receive a subsidy of $1,500 for each eligible employee for up to six months. At the time of writing, the package is still being considered by the Senate.
The decentralisation of workforces has been a growing trend over recent years, driven by advances in technological connectivity, local industry decline in retail and manufacturing amid increases in service-based offerings, and due to shifts in social dynamics and values in favour of greater work-life balance.
COVID-19 is wreaking havoc in our lives, and for business the agony won’t be short-lived.
The Federal Government has continued its tsunami of economic stimulus with the release of the JobKeeper Payment initiative, aimed at supporting employers to retain their workforce while managing through the commercial disruption of COVID-19.
Changes to PAYG have been introduced to assist small and medium businesses in response to COVID-19.
The Federal Government has released details of its second stimulus package in response to COVID-19 (coronavirus), with five new measures to provide support payments to lower income Australians and individuals most affected.
The Federal Government has released details of its second stimulus package in response to COVID-19, outlining support to business and employers.
On 22 March 2020, the Federal Government announced further economic stimulus measures for individuals, business and the banking sector to support Australia through the unprecedented societal and economic impact of COVID-19 (coronavirus).