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COVID-19
Updates
Below are some articles to assist our great clients in navigating this uncertain time. We are here to support you during this unprecedented time, please contact your Nexia Edwards Marshall Advisor to discuss.
Apr 08, 2020 / News
Commercial leases: Code of Conduct
The National Cabinet has released a mandatory Code of Conduct for commercial leases during the COVID-19 pandemic period. The Code will be given effect through state and territory legislation, and although won’t supersede such legislation, it will complement it. Read more
Apr 08, 2020 / News
Property & Construction: Importance of a solid foundation heading into FY21
Business needs to consider what the future looks like post COVID-19. Below is a short accounting and tax health checklist of items for your consideration. Read more
Apr 06, 2020 / News
Cash is King – Now more than ever
The expression “Cash is King” has never been more relevant than right now. It is relevant for individuals, households and business. It is relevant across the board. Read more
Apr 03, 2020 / News
Apprentice and trainee subsidy relief
The apprentice and trainee subsidy relief will be provided to small businesses employing fewer than 20 employees who retain an apprentice or trainee. Read more
Apr 03, 2020 / News
SA State Government’s COVID-19 Stimulus Package
A brief summary of the recently announced economic stimulus package announced by the Marshall Liberal Government, to help drive the South Australian economy and secure local jobs. Read more
Mar 31, 2020 / News
Can our Corporate Bookkeepers support your business during COVID-19?
We understand the challenges facing businesses right now and believe our corporate bookkeeping team are well placed to provide vital assistance during this difficult period. Read more
Mar 31, 2020 / News
Mark III: Government to subsidise businesses’ wage costs
The government announced a third round of measures to support businesses affected by COVID-19 to maintain their employees. It’s called the JobKeeper Payment – a direct payment of $1,500 per fortnight, per-eligible-employee, to qualifying businesses and not-for-profits to subsidise the cost of continuing to employ workers. It’s also available for the self-employed. Read more
Mar 25, 2020 / News
Banks announce Small Business Relief Package
Following the RBA's announcement to cut the cash rate to a record 0.25%, and the subsequent announcement to set up a $90 billion term funding facility for banks to use to support SME clients, the Australian Banking Association has announced a small business relief package from Australia’s banks. Read more
Mar 24, 2020 / News
COVID-19 and Safe Harbour Rules for Directors and Business Owners
As a result of the safe harbour rules, a director will not be subject to the insolvent trading laws under the Corporations Act 2001 (and therefore not held personally liable for the debts of the business incurred past a point of potential insolvency) where they are implementing a plan of action to restructure the affairs of the company that complies with the safe harbour rules. Read more
Mar 23, 2020 / News
Government stimulus package Mark II – Big, bold… and concisely summarised
Economists call it “helicopter money” – governments sending money directly to businesses and people to stave off a recession or minimise one. And yesterday’s announcement is a Black Hawk next to Mark I’s gyrocopter. Read more
