Blogs & Vlogs

The JobSeeker Payment has been expanded to include sole traders, the self-employed, casual workers and contract workers who meet the income tests as a result of the economic downturn due to the coronavirus.

Businesses getting bank loans to tide them over and boost their working capital will now have 50% guaranteed by the government and a repayment holiday of 6 months.

As part of the new Economic stimulus in response to the COVID-19 pandemic, announced on 22 March 2020, early access to superannuation may be available to those affected by COVID-19.

Phase two of the Federal Government stimulus package includes measures to boost cashflow for employers to help retain staff and keep operating. This applies to businesses and Not-for-profit entities.

YBM have put together a simple explanation of who can claim, what you can claim and how.