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The Government has delivered a once in a lifetime Federal Budget in response to COVID-19.
Further to our article regarding the Treasurer’s announcement on 9 September 2020, the Queensland Government yesterday released administrative guidelines for introducing a duty exemption for some small business restructures in the form of Public Ruling DA000.16.1.
A core component, and very much in response to changing business trends in a post COVID world, the Government is investing almost $800m to enable businesses to take advantage of digital technologies to grow their businesses and create jobs.
The Government states they are technology agnostic and that they will not hinge their hopes on one kind of energy generation for the future. Having said this, hydrogen has presented itself as a major opportunity for Australia – both as a domestic energy source as well as an exportable commodity.
Australia’s manufacturing sector will play a key role in our economic recovery. There are around 860,000 people employed by manufacturing. The sector is responsible for a huge amount of research and development, and it punches above its weight for the size of the sector.
The Premier of Victoria, the Hon Daniel Andrews, yesterday announced a major $3b stimulus package designed to assist Victorian businesses through the “second wave” and beyond.
We made a pre-Budget submission in support of Mid-Sized Businesses and their role in driving the economy forward on 24 August 2020.
If the government’s economic outlook last week tells us anything, it’s that we need to be realistic about the Australian economy.
David Thodey’s draft ‘Supporting the Road to Recovery’ report highlights a number of clear areas of tax reform.
Today the Prime Minister announced the details of a $17.6b stimulus package to support businesses to weather disruption caused by COVID-19.
The current COVID-19 health issue is creating challenges for the healthcare sector to balance the needs of the affected patients, whilst protecting those patients most at risk as well as their broader team.
Treasurer Ben Wyatt delivered the Western Australian State Budget on 9 October 2020, the first of the State and Territory budgets of 2020.
