It’s been over a year since the pandemic started and the government has introduced measures to assist individuals and businesses to recover following snap lockdowns across the different states in Australia. Here is an update of the Economic response of the government to businesses.
The federal government has announced a new recovery loan scheme for businesses on JobKeeper Jan/Feb/March 2021. There are, of course, conditions. Who are eligible? What are the features of this scheme? How can you apply for the same?
If this applies to you, or someone you know who has a business, read further information here.
JobKeeper Extension is finishing at the end of this month. If you’ve been relying on this money up to 31 March 2021 to pay your rent, April may be the first month in a year that you don’t receive any external funding. Do you have a strategy going forward for paying your rent, food and other expenses?