2023-24 Federal Budget

The Federal Budget for 2023-24 year has been released with a number of measures included to continue the economic support for Australian’s. Key measures included in the Budget are: Small business asset write-off Small Business Energy Incentive Superannuation tax Change to super guarantee contributions Further economic support payments for eligible welfare recipients Please note that…

Federal Budget & Measures Released in Response to COVID-19

The Federal Budget for the 2020/2021 financial year has been released with a number of measures included to continue the economic support for Australian’s impacted by the COVID-19 pandemic. Key measures included in the Budget are: Changes to individual tax rates and tax offsets Threshold removed for small business asset write-offs JobMaker Hiring Credit of…

JobKeeper Extension

The JobKeeper payment has been extended by the Australian Federal Government with the following changes to take effect from 28 September 2020: The key date for assessing employee eligibility is now 1 July 2020, rather than 1 March 2020 There is now a Tier 1 and Tier 2 JobKeeper rate New turnover test – you…

Small Business COVID-19 Adaption Grant Program ROUND 2

The Queensland Government is delivering a second round of grants to eligible businesses under the Small Business COVID-19 Adaption Grant Program. Round 2 opens on 1 July 2020, with $100 million of funds to be equally divided between Regional Queensland and South East Queensland (SEQ). The available grant amount is a minimum of $2,000 and up to…

Queensland Government Seeking Local Suppliers

Local Buy, an initiative of the Queensland Government, is seeking new, small and regional businesses to supply to all levels of government and many other organisations in the State. This initiative seeks to support businesses across all industries, supplying all goods and services, by giving them access to opportunities as preferred and pre-qualified suppliers as…

Small Business COVID-19 Adaption Grant Program

The Queensland Government has announced a grant program to support small businesses impacted by the State’s shutdown restrictions. Up to $10,000 will be available to eligible businesses to assist with adapting and maintaining business operations through these challenging times. Please note there is limited funding – applications will be assessed on a ‘first come, first…