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10 business lessons from a lemonade stand
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 »
I think there is universal agreement the globe is headed for an economic recession. But this week I was hearing the “D” word being discussed… Economic Depression. I think the lines outside Centrelink brought back memories of the black and white photos in our old school history books of the dole queues during the Great… Read more »
Economic Stimulus Package 2.0 You’ve read about this, and I’ve talked about it, all week, but quick recap of last Sunday’s announcements. – Small business will receive a 50 per cent rebate of their March and June quarter BAS or IAS from a minimum total (across both quarter) of $20,000 to a maximum $100,000. –… Read more »
Who would want to be a Prime Minister/President today in this pandemic? Not me. You’re bombarded with opinions (everyone seems to have a very loud and aggressive opinion these days) and, as a leader, the challenge is to cut out the white noise and take on board expert advice you can trust. This week saw… Read more »
Having trouble wrapping your head around what you’re entitled to from the coronavirus stimulus package – this new website could help. The site stimuluspackage.com.au has been launched by a Central Coast local who was having difficulties navigating the support schemes set up by the federal and state government to help small businesses affected by the coronavirus crisis.… Read more »
Weddings with five people, funerals with ten, boot camp in the park and 30 minutes with your hairdresser. The PM announced further restrictions for Australians tonight and left the nation slightly confused. Describing 2020 as the toughest year yet for Aussies, Morrison said the government understood the impact restrictions are having on the nation’s citizens.… Read more »
Another tense, confusing and, at times, scary week for financial markets as Governments and investors around the world come to grips with the devastation of the Coronavirus. It has been good to catch up with so many of you during my Facebook Live sessions this week. I usually do them at 1.30pm EDT every Tuesday… Read more »
As the coronavirus pandemic continues, places of employment are being impacted. Employer advice service Employsure has been inundated with requests from business owners wanting to know their rights. Here’s the lowdown on coronavirus for employers if an employee is diagnosed with the virus. If an employee has a confirmed case of Coronavirus If an employee… Read more »
This is a week we’ll remember for all the wrong reasons. After 11 years of a constantly rising sharemarket (a bull market), we entered the fastest bear market in history. A bear market is when the sharemarket drops more than 20 per cent from its peak. That peak for our sharemarket was February 20… yep, just… Read more »
The World Health Organisation (WHO) has officially declared the coronavirus outbreak a pandemic. WHO has called on all countries to take action in the hopes of stemming the spread of the virus. In Australia, the number of cases in NSW is on the rise, with diagnoses increasing from 65 to 77 overnight. Speaking at a… Read more »
