ATO sounds warning on companies misusing asset write-off and loss carry-back schemes Federal Budget 2020, Tax Eloise Keating 30 October 2020 The ATO has warned businesses against misusing the government’s expanded asset write-off scheme and the new loss carry-back provisions.
How policymakers are using ‘artificial societies’ to test COVID-19 responses Coronavirus, Economy, Health, Technology Dr Jason Thompson 30 October 2020 Computational social science is integral to Australia's COVID-19 response, allowing policymakers to trial policies on artificial societies.
Startup funding in Australia sees 50% dip, as investors remain cautious during COVID-19 Analysis, Economy Stephanie Palmer-Derrien 29 October 2020 Startup funding activity in Australia is trending down again, with deals down almost 50% for Q3, compared to 2019.
Whole Kids smashes $500,000 equity crowdfunding goal, securing the likes of Kate Morris and Casey Ellis as backers Funding, Health, Startup News Stephanie Palmer-Derrien 28 October 2020 Whole Kids has smashed its $500,000 equity crowdfunding goal, securing backing from a whole troop of Aussie business cheerleaders.
How small businesses can identify open and winnable government contracts Coronavirus, Finance Thomas Pollock 28 October 2020 There’s a very large pool of government opportunities, and rarely has small business been given so many incentives to start swimming in it.
ATO claws back $120 million in JobKeeper payments from employers making “deliberate” or “reckless” mistakes Coronavirus, Tax Eloise Keating 28 October 2020 The ATO has taken back $120 million in JobKeeper payments from employers that made “deliberate” or “reckless” mistakes in their applications.
ATO updates advice for businesses seeking to carry forward losses Coronavirus, Tax Eloise Keating 28 October 2020 Small and medium businesses that have been forced to temporarily close during the coronavirus pandemic may still be able to carry forward losses for tax purposes.
JobMaker not suited to most SMEs, as Treasury estimates hiring credits will create 45,000 jobs, not 450,000 Coronavirus, Economy, Federal Budget 2020 Eloise Keating 27 October 2020 The federal government’s JobMaker hiring credit is not suited to many SMEs, which are still in a recovery phase, according to CPA Australia.
“Confused and inadequate”: Business groups slam inaction on Melbourne reopening, as state records zero new cases Coronavirus, Economy Stephanie Palmer-Derrien 26 October 2020 Business groups have reacted with anger and disappointment after Dan Andrews failed to announce any further easing of restrictions yesterday.
Tassie economy outperforms the pack, as borders reopen and events plan is rolled out Coronavirus, Economy, Tourism Stephanie Palmer-Derrien 26 October 2020 Tasmania is leading the pack of Aussie states and territories in terms of economic performance, as the COVID-19 pandemic continues.
