Business

Greens move to force profitable firms into JobKeeper repayment

The Greens have tabled federal budget appropriations bill amendments that would see companies with an annual turnover...

26 May 2021 • By John Buckley

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Business

End of JobKeeper unlikely to slow employment growth: RBA

In its quarterly monetary policy update, the Reserve Bank of Australia said it expects the economic fallout from...

10 May 2021 • By John Buckley

Business

Premier Investments to return $15.6m portion of JobKeeper

Retail giant Premier Investments will now return $15.6 million in JobKeeper payments to the ATO just over a month...

04 May 2021 • By Jotham Lian

Regulation

JobKeeper ends but ATO audit activity on the program set to continue

Despite the conclusion of the JobKeeper wage subsidy program, the ATO is set to continue keeping a close eye on those...

14 April 2021 • By Roman Kaczynski & Rod Spicer

Business

Calls for JobKeeper’s return mount in the face of vaccine delays

The Australian Council of Trade Unions is among those calling for the federal government to reintroduce the wage...

12 April 2021 • By John Buckley

Business

Small business still uncertain of recovery as JobKeeper ends

While business confidence has markedly improved, the end of JobKeeper will see many small businesses vexing over cash...

29 March 2021 • By John Buckley

Business

Premier Investments defies calls to repay JobKeeper

After doubling profits in the January half, the retail giant — which owns Peter Alexander, Just Jeans and Smiggle —...

26 March 2021 • By John Buckley

Business

Up to 150,000 jobs could be lost when JobKeeper ends: Treasury

The Treasury Secretary estimates that between 100,000 and 150,000 jobs could be lost when JobKeeper expires on 28 March.

25 March 2021 • By John Buckley

Business

Treasury defends absence of JobKeeper clawback mechanism

The Senate economics committee has heard that while the Morrison government considered JobKeeper clawback measures, it...

25 March 2021 • By John Buckley

Business

Bookkeepers to play pivotal role in SME recovery post-JobKeeper

As swathes of Australian small businesses come off JobKeeper this week, bookkeepers should acquaint themselves with...

24 March 2021 • By John Buckley

Business

‘JobKeeper must come to an end’: Employment bounces back to a pre-pandemic level

Prime Minister Scott Morrison says an extension to the JobKeeper program would hold the economy back, as new data...

19 March 2021 • By John Buckley

Business

ASX 300 reap profits from JobKeeper

A new report shows 58 of the 66 ASX 300 listed companies which received JobKeeper between July and December last year...

18 March 2021 • By John Buckley

Business

Treasurer sends warning to premiers as JobKeeper ends

State and territory governments have been urged by the Treasurer to “think twice” before closing borders as JobKeeper...

17 March 2021 • By John Buckley

Business

Morrison government unveils post-JobKeeper stimulus package

The federal government will roll out a $1.2 billion stimulus package across the travel and tourism industries, along...

11 March 2021 • By John Buckley

Business

More than 100,000 jobs will be lost post-JobKeeper: CBA

Economists at Australia’s largest bank are forecasting the loss of up to 110,000 jobs when JobKeeper expires at the...

10 March 2021 • By John Buckley

Business

Insolvencies spike by 61% in February

External administrations surged by 61 per cent over the last month, sparking fears that more companies will collapse...

10 March 2021 • By Jotham Lian

Business

Post-JobKeeper support to be announced ‘within days’

Treasurer Josh Frydenberg has revealed that the federal government will announce targeted post-JobKeeper support in “a...

08 March 2021 • By John Buckley

Regulation

ATO Revs Up As JobKeeper Set To End In March 2021

Although 2020 saw a temporary lull in the ATO and State Revenue Office’s usual activity level due to the COVID-19...

02 March 2021 • By Roman Kaczynski, Director – Accountancy Insurance