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2021 COVID-19 Support Package announced

Micro business: a micro business (small business or sole trader with annual turnover between $30,000 and $75,000) as at 30 June 2020/2021- We still need to get clarification from Service NSW whether the turnover as at 30 June 2020 or 2021 for eligibility criteria.Get ready:To help avoid delays in completing your application:• ensure your business …

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2021 will be make or break for SMEs with ongoing business challenges

Over the past 12 months, the number of Australian businesses entering administration dropped 60 percent. 2021 could therefore present more challenges for SMEs than 2020 did. For most, 2020 was a year of challenges never experienced before. Tough, arduous, unrelenting, and exhausting. However, the underlying factors driving change and uncertainty aren’t about to go away. …

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