Are you terrified of Australia’s ballooning debts and deficits? You can strike that off your list of fears.
Australia is facing an unprecedented health and economic crisis which is testing the resilience of its businesses, large and small.
Higher work productivity and efficiency of solutions in supply-chain management as well as machinery maintenance in the mining and construction industries are likely to become permanent outcomes of response to the COVID-19 pandemic.
Extreme opposing forces will dominate the Australian cattle market in 2020, with limited supply and strong local demand driving prices, but tempered by the global COVID-19 disruption, according to Rabobank’s Australian Beef Cattle Seasonal Outlook.
The NSW Government announced a $140 million Bushfire Industry Recovery Package to support forestry, horticulture and agriculture industries impacted by the recent bushfires.
The Australian Taxation Office (ATO) will implement a series of administrative measures to assist Australians experiencing financial difficulty as a result of the COVID-19 outbreak.
The Australian Government has announced a new $10,000 grant and simplified access to existing loans and other services for small businesses impacted by recent bushfires.
The value of Aussie agricultural production is forecast to remain high despite bushfires and prolonged drought, with overseas demand balancing drought-related falls in farm output and incomes.
The Australian economy grew 0.5 per cent in seasonally adjusted chain volume terms in the December quarter 2019 and 2.2 per cent through the year, according to the Australian Bureau of Statistics (ABS).
Using the ATO ‘as a bank’ by not paying tax commitments on time comes with new risks for SMEs.