*Updated 22 July 2020 following amendments by the Australian Government on 21 July 2020* Existing JobKeeper payments remain in place until 27 September 2020. An amended JobKeeper scheme will apply for a further six months to 28 March 2021: December 2020 quarter (28 September 2020 to 3 January 2021) and March 2021 quarter (4 January […]
On 24 March 2020, the Australian Government’s Economic Response to the Coronavirus package passed without objection through Parliament. With the green light to go ahead, the economic stimulus package, currently worth $84 billion, promises direct financial support for workers and students and a cash flow boost for businesses and not-for-profits. As a result, the Australian […]
As of today, ezyCollect has committed to setting up businesses with its online accounts receivable platform for free for two months. At ezyCollect, we have watched in awe as businesses do everything in their power to move online and keep working. Digging deep. Innovating. Powering on. ezyCollect has a suite of online tools to help […]
The financial contagion of the COVID-19 pandemic is expected to reach every business and every household. No one will be immune. Business banking units across all major banks have pivoted to engineer their own COVID-19 economic response to help businesses stay open or re-open in time. No doubt it’s an ever-changing landscape and packages could […]
Updated 22 March 2020: The staged total economic relief package so far from the Australian Government and the Reserve Bank of Australia is valued at $189 billion. Assistance to business to keep people in jobs include: 1. Wage subsidies of up to $100,000 (minimum payment of $20,000) for eligible SMEs and NFPs that have an […]