Australian businesses entering administration dropped 60 percent last year. 2021 could therefore present more business challenges, particularly for SMEs.
The first half of 2021 will see the end of JobKeeper and with it a more digitised business landscape.
As Australia’s economic recovery plan moves into full throttle, Government bodies across the nation are offering SMEs tailored support for their recovery.
Tech startups were among the 2020 Federal Budget winners, with the advancement of science and technology as a crucial element of the economic recovery plan.
With lockdown restrictions set to ease in the coming weeks, the City of Melbourne is helping hospitality businesses prepare for a summer like no other.
Any business making up to $5 billion can now write off any eligible expense immediately, in a huge expansion of the Instant Asset Write-off scheme.
Treasurer Josh Frydenberg has handed down a Budget that delivers on a wide range of economic measures to support businesses in rebuilding the economy.
The manufacturing sector is set to feature in tonight’s Budget, with the PM pitching a four-year “Modern Manufacturing” strategy as a key component.
The Government is spruiking stimulus and tax breaks in the tonight’s budget, but what will bookkeepers and accountants be paying close attention to?