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Funding to build zero emission commercial fleets and associated infrastructure networks
Client alert Funding to build zero emission commercial fleets and associated infrastructure networks
Round two of the Future Fuels Fund is now open to support demonstration and deployment projects of commercial fleet businesses adding Zero Emission Vehicles (ZEV) and associated infrastructure.
2 min read | 01 Mar 2022
Queensland is open for industry investment and growth
Client alert Queensland is open for industry investment and growth
Focused on post-COVID recovery, Queensland is actively investing in industry to promote growth and create jobs in the state. There are four key funding programs available to growing businesses that operate in the priority industry sectors below.
4 min read | 01 Mar 2022
VIC Government releases new business stimulus package from March 1
Client Alert VIC Government releases new business stimulus package from March 1
A range of VIC State Government stimulus packages have been announced to boost the economy starting from March 1.
Nick Mellos
Daniel Kave
| 2 min read | 25 Feb 2022
WA expands COVID-19 business support with $67 million package
Client Alert WA expands COVID-19 business support with $67 million package
With Western Australia’s border due to open on 3 March when the State is forecasted to reach its 70% vaccination rate, the McGowan Government has released $67 million in stimulus measures for business affected by COVID-19 on 24 February.
David Hodgson
David Hodgson
| 2 min read | 25 Feb 2022
New superannuation changes to benefit older Australians, first home buyers and low income earners
Client Alert New superannuation changes to benefit older Australians, first home buyers and low income earners
Last week, the Government passed a Bill that aims to improve flexibility for individuals preparing for retirement, increase superannuation support for individuals earning less than $450 per month and provide assistance for first home buyers.
Simon Gow
Simon Gow
| 3 min read | 15 Feb 2022
Patent box regime for medical and biotechnology patents - legislation introduced
Client Alert Patent box regime for medical and biotechnology patents - legislation introduced
The Federal Government introduced the much anticipated “patent box regime” rules into Parliament on 10 February 2022, as announced in the Federal Budget 2021-22.
Sukvinder Heyer
Yan Wong
| 3 min read | 14 Feb 2022
NSW $250m Jobs Plus Program closes 30 June 2022
Client Alert NSW $250m Jobs Plus Program closes 30 June 2022
The continued pressure on businesses to grow, while riding the current wave of uncertainty, has shone a light on programs like the NSW $250m Jobs Plus program as a mechanism to support these ambitions.
3 min read | 02 Feb 2022
QLD Project Trust Account regime expands to include private commercial building projects
Client Alert QLD Project Trust Account regime expands to include private commercial building projects
Builders with projects in Queensland who are impacted by the requirement to operate PTAs on each project they undertake should be preparing their business for the administrative burden of managing this additional regulatory compliance.
Sian Sinclair
Sian Sinclair
| 5 min read | 01 Feb 2022
Relief packages explained for NSW businesses hit during the latest wave of COVID
Client Alert Relief packages explained for NSW businesses hit during the latest wave of COVID
In response to soaring COVID case numbers and the ramifications of self-imposed lockdowns during the last few months, the NSW State Government has announced relief is now available in a $1 billion COVID rescue package.
Vince Tropiano
Vince Tropiano
| 5 min read | 01 Feb 2022
ATO releases PCG 2021/4: Allocation of professional firm profits
Client Alert ATO releases PCG 2021/4: Allocation of professional firm profits
Released on 16 December 2021, the ATO has finally released its final Practical Compliance Guideline PCG 2021/4 for the allocation of professional firm profits.
Paul Banister
Yan Wong
Ben Matthews
| 5 min read | 17 Dec 2021
MYEFO reveals jobs and wages on the up but have we spent all our budget ahead of another COVID wave?
Client Alert MYEFO reveals jobs and wages on the up but have we spent all our budget ahead of another COVID wave?
The Mid-Year Fiscal and Economic Outlook (MYEFO) announcements handed down today included the creation of 1 million new jobs and an expected wages increase of about 11.24 per cent, while inflation is tipped to grow by 10.25 per cent between now and 2024-25. These developments reflect a positive business growth outlook linked to increased business investment and the economy getting back on track following a disruptive year.
Vince Tropiano
Vince Tropiano
| 2 min read | 16 Dec 2021
Payment Times Reporting Scheme
Client Alert Payment Times Reporting Scheme
The Payment Times Reporting Scheme (PTRS) commenced on 1 January 2021, requiring organisations with an annual income over $100 million to report on the time it takes them to pay small business suppliers. The purpose of this scheme is to increase transparency around the payment terms offered by large businesses to small business suppliers, thereby creating incentives to improve payment times and practices.
Katherine Shamai
Raj Deepan
| 7 min read | 16 Dec 2021
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