Finance News
For a lot of businesses, cash flow is very seasonal. You find a way through the lean months of the year in the knowledge that things will improve, and you capitalise on the stronger earnings when you get them. That’s exactly how businesses should be approaching the current economic climate. Earnings projections that…
It used to be said that cash is king, but as we begin to plan for a post-Covid world, I say it’s time for a re-think. Of the measures that businesses have put in place as social distancing came into play, the one that will endure will be contactless payment. Tap-and-go has been…
Once again, the confusion around the government’s Job Keeper stimulus package is sweeping around the business community, with some reports suggesting the program will be wound back early. That’s despite the payments having only just started filtering through to businesses that have been planning for this stimulus package to keep their employees in a…
Every week we’re getting closer and closer to some sort of normality resuming for businesses, and there are rumblings that some of the restrictions could be eased in the coming weeks to allow this. What is important for businesses across the country now is to be as prepared as you can be, and one…
We are now another week down the track of navigating the government’s Job Keeper assistance program and there are some important updates for businesses to be aware of. The first is that a bit of common sense has come in for employers looking to access the assistance program, where they can lodge a claim…
If you’re a small business owner, chances are you’ve been hanging out to hear how the Australian government’s Job Keeper program is going to work. I’m one of the 900,000 business owners who is signing up to the program, which provides $1500 per employee, per-fortnight in relief to businesses that can show they have…
Every cloud has a silver lining. And without diminishing the hardship that a lot of small business operators (and others) are facing at the moment, there is at least one positive that can come from this coronavirus downturn. Small business operators often find they spend a lot of time working in their business, performing day to…
The government’s latest tranche of coronavirus stimulus – the “jobkeeper” payment – is going to help a lot of business operators and their employees sleep easier through this crisis. It’s important to note how monumental this piece of stimulus is. Any business that can prove a 30% drop in earnings will be eligible for…
