We are currently facing the most challenging set of economic circumstances. As a business owner we must address these and take the necessary action to give ourselves the best chance of still having a business once the crisis passes.
For your reference we provide the following summary of current federal and state government stimulus measures as well as a summary of actions being taken by the ATO to support businesses.
Coronavirus (COVID-19) is having a serious short-term impact on the Australian economy. The longer-term impacts remain unknown.
The spread of Coronavirus has impacted the world drastically, causing health issues, travel interruptions and world economic issues. The full extent of these damages are yet to be realised and only time will tell.
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