The Australian Government’s Economic Response to Coronavirus
March 26, 2020
On 12 and 22 March 2020, the government announced measures to help the economy withstand and recover from the economic impact of COVID-19 (coronavirus). The following measures will be administered by the ATO. Legislative changes are required before these measures take effect. The government intends to introduce legislation on 23 March 2020 Read More...
ATO Coronavirus Administrative Support
March 24, 2020
A series of administrative measures to assist businesses experiencing financial difficulty as a result of the coronavirus (COVID-19) pandemic has been announced by the ATO. These include deferring the payment date and amounts due on BASs, income tax assessments, FBT assessments, and excise by up to 4 months. Businesses will Read More...
Coronavirus Stimulus – What’s In It For You
March 23, 2020
The coronavirus has been biting into global financial markets and in an effort to contain the fall-out to the local economy, the government has released a stimulus package worth $17.6bn targeted at businesses, pensioners, and those in impacted sectors, regions and communities. It is expected that the package will provide Read More...
Changes to Student Loans
March 20, 2020
With the cost of studying at university going up every year, a new combined, renewable student loan limit has been implemented from 1 January 2020 to enable university students borrow more to cover the cost of tuition. For students studying medicine, dentistry, and veterinary science the new loan limit for Read More...
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