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3 Tips for Managing Your Finances and Getting Out of Debt

3 Tips for Managing Your Finances and Getting Out of Debt   Getting out of debt may be one of the most liberating experiences in your life. The journey is difficult, however with the proper finance strategies and discipline, you will find yourself on the right path.   1. Figure out your current debt situation.   It may be difficult

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Which industries were hit the hardest by COVID-19?

You may have heard about Virgin Australia Group being placed into administration back in April 2020, or the many retailers having to shut their bricks and mortar stores. These are just some of the examples of the significant impact the COVID-19 pandemic has had on our economy. Below are some of the industries that were hit the hardest since COVID-19

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Alerting Business Owners: The new JobKeeper might cause bankruptices

The JobKeeper program that provides a wage subsidy to workers of up to $1,500 per fortnight is due to end in September. If you would like to more information on JobKeeper click here However, with the surge of cases in Victoria and lockdown in Melbourne city, the Morrison Government has decided to revamp and extend the program beyond September. Once

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Staying alert: Director’s liabilities not covered by temporary COVID-19 relief laws (Coronavirus)

With some states in Australia potentially experiencing a second wave of COVID-19, many businesses are still struggling to cope with the financial repercussions since the start of the pandemic. As a director, you may be aware of the temporary relief measures put in place to protect directors temporary from personal liability during insolvent trading, effective 25th March to 25th September

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Jobkeeper – What does this mean for employers?

You may have heard or is already currently accessing the JobKeeper payment scheme by the Australian Government to support employees and businesses affected by the Coronavirus. This is where the Government provides $1,500 per fortnight (before tax) until the 27th September for eligible employees. Employers will be eligible for the subsidy, if at the time of applying: They face a

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