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 »

Opinion

FinTech Australia says government should invest directly in the sector to create a startup boom

- March 5, 2020 4 MIN READ

FinTech Australia managing director Rebecca Schot-Guppy appeared before the Senate Select Committee on Financial Technology and Regulatory Technology last week. The committee is investigating the potential and opportunities in FinTech and RegTech for Australian business and consumers and initiatives to promote startups in the sectors. The committee is due to hand down its final report in… Read more »

News & Analysis

The Coalition government’s signature NBN strategy is causing the biggest problems for users, the ACCC finds

- February 12, 2020 2 MIN READ

Fibre-to-the-node (FTTN), the key broadband delivery method instigated by former communications minister Malcolm Turnbull in the Coalition government’s NBN policy, is failing to deliver for around a quarter of users, the latest review of broadband speeds by consumer watchdog the ACCC has found. The latest Measuring Broadband Australia report – the eight by the Australian… Read more »

News & Analysis

The Australian government is cracking down on Facebook and Google

- December 12, 2019 4 MIN READ

Image: Jurassic World, Universal Pictures/Amblin Entertainment The Morrison government’s response to the ACCC’s concerns about the market power of Google and Facebook include $27m to the competition watchdog to boost monitoring and enforcement against the tech giants A voluntary code of practice, overseen by the ACCC, to address bargaining power imbalances between the tech companies… Read more »