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Banks Group’s response to COVID-19
BANKS GROUP – CONTINUING TO SUPPORT YOU REMOTELY On Monday 3 August 2020, the Victorian Government announced the details of... read more
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JobKeeper extension announced – JobKeeper 2.0
On 21 July 2020, the Treasurer announced that the JobKeeper program will be extended from 27 September 2020 to 28... read more
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Victorian Government’s Expanded Business Support Fund
As a result of returning to Stage 3 Stay at Home restrictions, the Victorian Government has announced a new $5,000... read more
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What is your post-JobKeeper plan?
With JobKeeper payments set to end in less than 100 days, businesses need to begin planning for the future. The... read more
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Treasurer extends $150,000 asset write-off deduction until 31 December 2020
As part of the original stimulus measures introduced by the Federal Government, businesses with turnover of under $500M per annum... read more
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New HomeBuilder grant announced
On 4 June 2020, the Treasurer announced the introduction of the HomeBuilder grant scheme. The HomeBuilder grant consists of a... read more
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Eligibility criteria for $10,000 Victorian Government grant extended
We previously issued a press release on the terms of the Victorian Government scheme to provide grants of $10,000 to eligible businesses... read more
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ATO extends timing for payment of JobKeeper wages
On 27 April 2020, the Australian Taxation Office (ATO) updated its information on the JobKeeper program and in particular, the... read more
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Special rules introduced to assist certain businesses calculate their reduction in turnover for JobKeeper Payment registration purposes
On 23 April 2020, the Australian Taxation Office (ATO) issued further guidelines on how a business can determine whether their... read more
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JobKeeper enrolment opens
As of 20 April 2020, eligible businesses who satisfy / expect to satisfy the reduction in turnover test for the... read more