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JobKeeper Extension Update

With the first round of JobKeeper coming to an end this September, the ATO has released updated information on the JobKeeper extensions commencing October 2020 (extension one) and January 2021 (extension two). What’s stayed the same? Employers will still need to meet...

Coronavirus SME Guarantee Scheme expanded

Coronavirus SME Guarantee Scheme expanded

The Federal Government has extended and expanded the Coronavirus SME Guarantee Scheme to help cash flow for businesses as it starts to wind back the JobKeeper program. The Scheme has been boosted to $40 billion which will be used to guarantee up to 50% of loans provided by financial institutions.