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Review of casual employment terms in most awards

The Fair Work Commission has announced updates to casual employment terms in most awards. The updates ensure that all awards are consistent with the 2021 changes to casual employment in the Fair Work Act. The updates start from the first pay period on or after 27 September 2021.Employers (other than small businesses) need to assess whether [...]

Review of casual employment terms in most awards2021-09-29T17:41:45+10:00

NSW 2021 COVID-19 package

The NSW Government has announced an economic support package aimed at helping businesses and individuals across the state through the current COVID-19 Lockdown.   Key components of the 2021 COVID-19 package   *     An extension to the previously announced business grants program. This means eligible businesses with Australian wages below $10 million can claim grants [...]

NSW 2021 COVID-19 package2021-07-14T12:00:38+10:00

Tax decryption – Financial budget 2020-2021

This year's federal government budget was officially released on October 6. Under the severe blows of wildfires, droughts, floods and the COVID-19 epidemic, the Australian government once again exerted its strong advanced consumption concept and injected huge amounts of cash to stimulate the local economy. In the new Mandarin program of 2CR Australian Chinese Radio [...]

Tax decryption – Financial budget 2020-20212020-10-15T16:52:27+11:00

EXTENSION OF $150,000 INSTANT ASSET WRITE-OFF TO 31 DECEMBER 2020

On 9 June 2020, the government announced it will extend the $150,000 instant asset write-off until 31 December 2020.   Please refer to the attached ATO guidelines and below.   Under instant asset write-off eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is [...]

EXTENSION OF $150,000 INSTANT ASSET WRITE-OFF TO 31 DECEMBER 20202020-06-22T12:37:34+10:00