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COVID-19: A shock for business and it’s far from over
In the first half of 2020, Australia suffered our first recession in over 30 years due to the COVID-19 pandemic. Recovery commenced in Q3, but the economic fallout from this event for Australian business will continue well into 2021 and beyond. According to an Ai Group report released at the end of last year – Business … Continue reading COVID-19: A shock for business and it’s far from over
February 17, 2021 0 comment
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Australian PMI: Manufacturing contraction eases in May
The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) recovered by 5.8 points to 41.6 in May, after experiencing the largest single-month drop in the index’s history in April (readings below 50 points indicate contraction in activity, with lower results indicating a faster rate of contraction). The manufacturing industry remained in deep contraction … Continue reading Australian PMI: Manufacturing contraction eases in May
June 2, 2020 0 comment
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Vic government announces free mediation service for commercial tenancy disputes
The Victorian government’s mediation service to help small and medium business tenants and landlords reach a fair agreement in rent disputes, as a result of coronavirus, is in effect. The service is provided through the Victorian Small Business Commission (VSBC), and is part of the government’s commercial tenancy relief scheme. The scheme provides a six-month … Continue reading Vic government announces free mediation service for commercial tenancy disputes
May 4, 2020 0 comment
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11,300 SA SMEs register for $10,000 emergency grants
A media statement from the SA Premier’s office yesterday said that all SA small businesses and not-for-profits impacted by COVID-19 restrictions have rushed to register for the government’s $10,000 cash grants. More than 11,300 employers have already expressed their interest on-line for the emergency support payment. The major investment – funded from the state government’s … Continue reading 11,300 SA SMEs register for $10,000 emergency grants
April 16, 2020 0 comment