Blogs

With the Covid-19 pandemic having wreaked havoc on the national economy, the government has responded proactively, putting in place a series of economic stimulus measures. Initial measures concentrated on providing businesses with the short-term tax relief and income they needed to pay employees and essential overheads during the time when lockdown measures were most stringent….

Virtually every industry in the country has taken a massive economic hit as a result of the Covid-19 pandemic. From businesses being unable to operate through to demand disappearing overnight, many organisations are facing a parlous future. Both property developers and property owners have been adversely affected by the pandemic: with construction slow or non-existent,…

If you are one of our small business clients, you may have recently received an email from us. This is because we think you may be eligible for a Small Business Grant. In order to help you deal with the COVID-19 pandemic, we want to let you know about this grant. If awarded to your…

As part of a stimulus package to deal with COVID-19, the ATO has introduced the JobKeeper payment scheme. If you are a business owner, then the team here at Pherrus can help you through this crisis and provide all the crucial accounting advice to help you survive and thrive. Already signed up for the JobKeeper…

The global pandemic is affecting businesses across the globe. As part of economic stimulus measures, governments and councils are providing a variety of funding options to try to help businesses pull through in these difficult times. If you have a business in the City of Sydney area and are in need of assistance, a grant…

With businesses suffering hardship due to the effects of the Covid-19 pandemic, the government has put in place a number of different measures to provide them with a financial helping hand until they can start trading at more usual levels. One of the financial stimulus measures which have been put in place is the cash…

With the social distancing and shut-down measures that have been imposed in order to combat the spread of Covid-19, many businesses are really feeling the financial pressure. In order to enable as many enterprises as possible to survive, and even thrive, during and after the current wave of Covid-19 restrictions, the government has put together…

The Covid-19 pandemic is a worrying time, not least because many businesses are wondering how best to support their employees when income has dried up. To assist the many enterprises across the country that have either had to close completely or seen a dramatic reduction in trade due to the pandemic, the government has put…

If you own a business, then these are uncertain financial times due to the impacts of coronavirus (Covid-19), and it can be difficult to find accurate information about what assistance is available to you. The Australian Government, the Reserve Bank of Australia and the Australian Prudential Regulation Authority have recently announced new initiatives to assist…

To support businesses in need of a quick cash flow injection to stay open and keep people in jobs, NAB has announced a new Business Support Loan. The Business Support Loan will enable eligible businesses to apply for a loan of up to $250,000 at 4.5% p.a. from NAB with no repayments required in the first…

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