5 Ways to Recover After a Financial Setback

It’s likely you started your business with plans of earning a living and being successful, but an unfortunate fact of business life is that companies suffer financial hardships. Whether those hardships are pandemic-related or linked to other urgent situations, the effect is still the same. Your finances are negatively affected and it’s up to you to lead the recovery. Here are 5 steps you can take to help your business…  Read more

More support for Victorian businesses

The Victorian and Commonwealth governments have announced an additional $400 million in support for Victorian businesses that continue to feel the effect of lockdowns. The package comprises the reintroduction of the Commercial Tenancy Relief Scheme and the establishment of five new support programs: the Business Costs Assistance Program Round Three (BCAP3), the Business Continuity Fund, the Licensed Hospitality Venue Fund, the Small Business COVID Hardship Fund and the Alpine Business…  Read more

SMSF Trustee Update Webinar recording

With the ATO’s renewed focus on self managed superannuation fund compliance it is important that SMSF trustees understand their obligations and responsibilities. In this webinar we discuss three key focus areas: Auditor Independence Investment Strategies Trustee Responsibilities We also share with you our solutions to assist trustees in meeting compliance obligations. Presented by Glenn Middleton, Senior Accountant and SMSF specialist, this is an important update for SMSF trustees. Download webinar…  Read more

Investment briefing webinar: COVID 12 months on, where are we now?

We collaborated with one of our independent investment partners, Morningstar, to bring you an investment briefing webinar “COVID 12 months on, where are we now?”. This webinar provides insight into the current economic climate, given the impact of a global pandemic. Enormous stimulus from global governments and central banks has buoyed investors, the main catalyst being the COVID-vaccine rollout raising hopes of a return to some version of “normal” in…  Read more

Are you ready for the end of JobKeeper?

Number of Australians on JobKeeper More Than Halved Since September The number of Australians being supported by JobKeeper has fallen by more than 2 million since September, with Treasurer Josh Frydenberg claiming a “remarkable recovery”. According to the ATO, over 512,000 businesses have left the scheme and are now covering their entire wage bill by themselves. However, there are still 1.53 million Australians relying on the wage subsidy. Are you ready…  Read more

Small Business Digital Adaption Program

As part of the Business Resilience Package, the Victorian Government is offering grants to help SMEs embrace digital capabilities. The Small Business Digital Adaptation Grant provides sole traders, micro and small businesses with a $1,200 rebate on selected digital management tools, from suppliers that have partnered with the Victorian Government. Eligible businesses can register to trial selected digital business management tools to adapt websites, transition to e-commerce and manage finances. After…  Read more

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