Brains Trust

The $130 billion JobKeeper bonanza: who gets it, and how, and who misses out

- April 6, 2020 3 MIN READ

The A$130 billion $1,500-per-fortnight JobKeeper payment will benefit six million Australians for six months, with payments expected from May 1. Eligible businesses include not-for-profits and businesses with turnovers of less than $1 billion per year whose turnover is down 30%. Businesses with turnovers of more than $1 billion per year need to have lost 50%… Read more »

News & Analysis

Working parents will get free childcare under the Morrison government’s latest coronavirus boost

- April 2, 2020 2 MIN READ

  Childcare will be free for parents working to keep society functioning through the coronavirus shutdown – as well as those who’ve taken their child out of care but want to keep the place – under new subsidies announced by Prime Minister Scott Morrison. Around one million families in 13,000 childcare and early learning centres… Read more »

News & Analysis

The startup sector reacts to the Australian government’s $130bn jobs and business ‘hibernation’ strategy

- March 31, 2020 4 MIN READ

Australia’s startup sector has reacted favourably to the Morrison government’s $130 billion economic stimulus package, announced on Monday. The government will pay a $750 a week wage subsidy to businesses who retain workers over the next six months. The program also applies to sole traders. “We will pay employers to keep paying their employees, and… Read more »

News & Analysis

Australia’s massive $130bn stimulus package will pay businesses $750 a week for each worker they keep in a job

- March 30, 2020 3 MIN READ

  Workers will receive $1500-per-fortnight ‘JobKeeper’ wage subsidy for the next 6 months It applies to businesses losing a minimum 30% of income (50% for revenue over $1bn) The ATO will manage the scheme through Single Touch Payroll The flat rate payment applies to people employed at March 1 (provided they are reinstated if subsequently… Read more »

News & Analysis

Stimulus 3 will pay each business $3000 a month per worker to keep them in a job

- March 30, 2020 3 MIN READ

  Workers will receive $1500-per-fortnight ‘JobKeeper’ wage subsidy for the next 6 months It applies to businesses losing a minimum 30% of income (50% for revenue over $1bn) The ATO will manage the scheme through Single Touch Payroll The flat rate payment applies to people employed at March 1 (provided they are reinstated if subsequently… Read more »

News & Analysis

TWO IS ENOUGH: Australia ramps up isolation limits, with two-person rule in public, and stops rental evictions

- March 29, 2020 2 MIN READ

  Public gatherings will be limited to two people under new rules to deal with coronavirus in Australia, Prime Minister Scott Morrison said. The new rules means previously allowed outdoor personal training sessions are cut to one-on-one, and skate parks and playgrounds will close from Monday. “In addition, public areas – public playgrounds, outside gyms… Read more »

News & Analysis

Atlassian joins coronavirus fight as $1.1 billion goes to mental health, domestic violence and emergency food

- March 29, 2020 4 MIN READ

$669m is for telehealth – online consultations with GPs and other health services $74m is for mental health amid concerns about the impact of self-isolation $150m is for domestic and family violence support following a 75% spike in online searches A new government app offers advice, the latest news and other support $200 is for… Read more »

News & Analysis

Australia quarantines citizens returning from overseas in hotels, sends in troops and prepares to ‘hibernate’ small business

- March 27, 2020 4 MIN READ

People arriving in Australia from midnight March 30 will be forced to quarantine in designated hotels in the capital cities The Army will be sent to assist local police in ensuring quarantine measures are observed More economic stimulus is coming, including plans to ‘hibernate’ businesses to emerge from the shutdown State and territory leaders are… Read more »

News & Analysis

Scott Morrison abandons 30-minute haircut rule – and hairdressers are even more outraged

- March 26, 2020 3 MIN READ

  The Australian government has scrapped a decision to limit hairdresser appointments to just 30 minutes, just 24 hours after the new rules were announced, despite the industry saying it would rather be shut down. On Tuesday night, the National Cabinet, made up of the Prime Minister and state and territory leaders announced the new… Read more »

News & Analysis

NO MORE HOUSE AUCTIONS: Australia’s shutdown continues as government adds new bans and limits on public gatherings

- March 25, 2020 6 MIN READ

NEW LAWS FROM MIDNIGHT, MARCH 25 BANNED International travel (except for essential workers) Real estate auctions, open houses, and other auctions Food courts in shopping centres, except for takeaways (shopping centres remain open) Wellness and yoga centres, barre and spin facilities Indoor and outdoor play centres, youth centres and swimming pools Social sporting activities Spas,… Read more »

News & Analysis

Churches, restaurants, gyms, cinemas, pubs, clubs and casinos close under tough new social distancing laws

- March 22, 2020 3 MIN READ

Pubs, gyms, restaurants, clubs, casinos and even churches will be forced to close from midday on March 23 under increased social distancing rules being implemented by the federal government. Prime Minister Scott Morrison announced the national closure of a range of indoor venues following a meeting with state and territory leaders on Sunday evening. Earlier… Read more »

News & Analysis

FORTRESS AUSTRALIA: PM shuts the border to foreigners

- March 19, 2020 2 MIN READ

Australia has introduced tough new border controls in an effort to curb the transmission of COVID-19. All foreign nationals will be banned from entering the country from from 9pm (AEST) on Friday March 20. The ban applies to all non-citizens and non-residents. Australians returning from overseas – Qantas and Virgin Australia cease international flights at… Read more »

News & Analysis

CORONAVIRUS: Australia moves towards lockdown

- March 15, 2020 4 MIN READ

People arriving in Australia from overseas from midnight, March 15, must self-isolate for 14 days Prime Minister says if you go to work instead “you’re committing an offence” He promised to stop shaking hands, saying everyone should do the same The local cruise industry has been shut down for 30 days Schools will remain open… Read more »

News & Analysis

Here’s what business needs to know about the government’s coronavirus stimulus package

- March 12, 2020 2 MIN READ

It’s the news small business owners have been waiting for. Prime Minister Scott Morrison has finally announced a $17.6 billion stimulus package in response to the economic uncertainty around the coronavirus. Businesses will be eligible for up to $25,000 and instant tax relief while members of the community on Centrelink benefits will get one-off cash payments.… Read more »