Alan Jefferies

Taking Advantage of Government Support Measures

In response to the coronavirus pandemic, the Federal Government has instigated numerous support measures and recovery packages for business. Some of these supports are specific to individual sectors, some subject to eligibility, some are cash hand-outs that are automatically distributed and some require applications. Key to our specific area of interest, lending, some measures require businesses to invest through the acquisition of assets in order for a benefit to be realised. In addition to the Federal Government offers, individual states and territories have also introduced a range of initiatives to support businesses through the crisis. Staying across what is on offer, what action you need to take to ensure you receive your entitlements has been a major task throughout 2020. As Australia proceeds through, what hopefully will be the COVID-19 recovery and rebuilding phase, it is expected that even more initiatives will be rolled out. More info. The measures in the 2020/21 Federal Budget will be keenly watched. While many... Read More Caret Right