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Australian Business and mitigating risks against Coronavirus from multiple angles
Azure Group have put in place a task force made up of our senior leadership team to actively monitor the situation around COVID-19 daily and they have actioned and continue to action a number of policy directives to help protect against the spread of COVID-19. These directives are designed to protect Azure Group and it’s people but also to be deployed into our clients business if and when required.
Our team are actively monitoring all Stimulus and Financial assistance packages being released and are holding a technical brief internally at 4.30pm each day so that are team are always well informed to offer advice and support for your business.
Our aim is to proactively drive business continuity plans amid the chaos and partner with our clients to deliver the highest standards of support and information that enables them to make quick and decisive decisions in the best interest of their business.Azure Group centres of Excellence
To manage the ongoing technical issues for all of our clients including the JobKeeper eligibility and payment plus other Stimulus measures and the Fair Work changes Azure Group have established the following two centres of excellence:- COVID-19 Stimulus Centre of Excellence; and
- Fair Work Centre of Excellence.
Each of the above centres of excellence has a dedicated team of technical specialists. If you have any specific questions about these measures please contact our centres of excellence via email: covid19queries@azuregroup.com.au
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Coronavirus (COVID-19) stimulus measures from Australian Government
The Australian Federal and State Government has released a number of economic stimulus measures in respond to the Coronavirus (COVID-19):
- Extension of time to enrol for the JobKeeper Scheme, published April 29, 2020
- 7 JobKeeper Alternative Eligibility Turnover Tests: When can you use those tests?, published April 28, 2020
- JobKeeper Payment: Eligibility Rules have been released! Who is Eligible?, published April 14, 2020
- COVID-19: EMDG extra funding of $49.8 million to help Exporters, published April 07, 2020
- What is the difference between JobSeeker and JobKeeper? Do you know what you're eligible for?, published April 02, 2020
- JobKeeper Allowance - New Government Financial Measure as a response to COVID-19, published March 31, 2020
- Second Government Announcement: A Second COVID-19 Stimulus for Businesses, published March 24, 2020
- Financial Relief for Business experiencing difficulty due to COVID-19 and State Governement Support, published March 21, 2020
- ATO Relief and RBA Announcements, published March 20, 2020
- First Government Announcement: What are the benefits of Coronavirus Stimulus Package for Businesses?, published March 13, 2020
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COVID-19: Business Planning
- COVID-19: 5 Steps Plan to surviving the next 6 months as a Business
- COVID-19: How Business can manage Cyber and Data Security risks?Should you do Business Planning during COVID-19?
- Finding opportunities in a crisis and how to recover on the other side of COVID-19
COVID-19: Government & Bank Business assistance
- Australian Government Stimulus measures
- ATO Relief for businesses
- State Government Relief
- JobKeeper Allowance
COVID-19: Human Resources & People
- COVID-19: How to motivate your team while working remotely?
- 7 JobKeeper Alternative Eligibility Turnover Tests: When can you use those tests?
- JobKeeper Payment: Eligibility Rules have been released! Who is Eligible?
- COVID-19: What does 'Standing down' my team mean to my business?
- What is the difference between JobSeeker and JobKeeper? Do you know what you're eligible for?
- Working from home during Coronavirus: What expenses are Tax Deductible?
COVID-19: Tech Business
- Tech Startups: 7 JobKeeper Alternative Eligibility Turnover Tests: When can you use those tests?
- Startups and Scaleups: R&D Tax Incentive FY2019 deadline extended due to Coronavirus
COVID-19: International Business
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Azure Group's response to Coronavirus (COVID-19):
Many of us are understandably thinking about COVID-19 and what it means for our everyday lives and our businesses.
Putting in place the right and up to date measures around the evolving COVID-19 situation is critical during this challenging times.
Azure Group centres of Excellence
To manage the ongoing technical issues for all of our clients including the JobKeeper eligibility and payment plus other Stimulus measures and the Fair Work changes Azure Group have established the following two centres of excellence:- COVID-19 Stimulus Centre of Excellence; and
- Fair Work Centre of Excellence.
Each of the above centres of excellence has a dedicated team of technical specialists. If you have any specific questions about these measures please contact our centres of excellence via email: covid19queries@azuregroup.com.au
Our objective is clear, we will, and can, continue to serve our clients during this challenging period and offer detailed and effective support and advice.
Our team are committed to working smarter and faster in helping our clients take advantage of the Stimulus and Financial assistance they need to keep operating as best as they can. - COVID-19 Stimulus Centre of Excellence; and
#FridayExpertTips COVID-19: Small Business Grant
"If you're employing between 1 and 19 full-time staff and have an annual turnover of less than $10 million, you might be eligible for Small Business Grant from the City of Sydney of $10,000 per business. Applications close: Monday, 27 April 2020 at 5pm. Call (02) 9265 9333 or email CityConcierge@cityofsydney.nsw.gov.au or talk to us."
#FridayExpertTips COVID-19: ATO Relief
"Anyone impacted by COVID-19: ATO Relief is NOT AVAILABLE AUTOMATICALLY. You will need to apply for relief. Contact ATO Emergency Support Infoline 1800 806 218 or get in touch with us.", published March 20, 2020
#FridayExpertTips COVID-19: Government Stimulus Package
“Effective immediately and from the latest Economic Stimulus package: Until June 2020 the Instant Asset write off has been increased to $150,000 and the cap on business turnover has increased from $50 million to $500 million.", published March 13, 2020
#FridayExpertTips COVID-19: JobKeeper Allowance
“Under the JobKeeper Allowance scheme, eligible employees will receive financial support from the Commonwealth Government via their employer of $1,500 per fortnight. An employer will be eligible if their business turnover has been reduced by more than 30% (if annual turnover is less than $1b) or 50% (if annual turnover $1b or more) relative to a comparable period a year ago (of at least one month). Applications are not yet open. However, you should register your intent to apply for the subsidy with the ATO.", published April 03, 2020
#FridayExpertTips COVID-19: Productivity while working remotely
"Not having a well-equipped home office space when your employees begin remote working can cause a temporary decrease in productivity. If your employees don't have a home office, make sure they do as much as they can to create an ad hoc, bespoke space exclsively for work.", published March 27, 2020
#FridayExpertTips COVID-19: WHS policies
"Companies around the globe have rolled out mandatory remote work. Under the model WHS laws, employers have a duty of care for the health and safety of their workers. Putting the right policies in place is extremely important."
#FridayExpertTips COVID-19: Retaining Employees
"Offering work from home opportunity and flexible schedule to work around family commitments is paramount in current situation to retain quality and focused employees."
#FridayExpertTips COVID-19: Human Resources and People
"Your people are your most valuable asset. It is important that your employees and the flow on effect to their loved ones feel supported during these difficult times. You need to ensure that you maintain good will with your team so that when we start to come out on the other side of COVID-19 you have a strong team to help you recover."
#FridayExpertTips COVID-19: Cashflow Forecasting
"There is no denying that COVID-19 will have lasting short and long-term effects on the economy and your business. It's imperative by now that you have a long view Cashflow forecast in place that deals with both good and worst case scenarios so you are ready to react swiftly."
#FridayExpertTips COVID-19: Contingency Planning
"At some point the Government will diminish their Public health orders and we will be able to go back to the office. Things are not going to be the same on the other side of COVID-19. Businesses that address the issues head on through contingency planning, will be far more likely to create resilience and be able to revive quickly."
#FridayExpertTips COVID-19: Business Planning
"In times of crisis we often focus on ourselves and our own issues. However, in order to fully understand the long and short term impacts on your business, you have to understand the impact on those around you – your team, business partners, customers, industry, niche... and adjust accordingly."
#FridayExpertTips COVID-19: Look after your clients
"People are open to hearing new ideas and solutions as they want to keep the wheels of their business turning as much as possible. Be a useful source of information for your clients during these challenging times, without expecting an immediate return."
#FridayExpertTips COVID-19: Trust matters
"When bracing for major economic challenges, customers will be looking closely at their budgets and being more careful with who they spend their money with and will only work with people and/or businesses they trust. Be that person!"
#FridayExpertTips COVID-19: Nurture new client opportunities
"Don't waste a single opportunity to turn leads into clients. Not all leads are ready to buy straight away, but you can increase the likelihood they become clients with a solid nurture strategy."
Disclaimer
This information is accurate on the day it’s published and is subject to change as the situation around Coronavirus (COVID-19) evolves. Our conclusions may not be valid if there is any change in those facts, circumstances and assumptions. Accordingly, neither Azure Group Pty Ltd nor any member or employee of Azure Group, undertakes responsibility arising in any way whatsoever to any persons in respect of this alert or any error or omissions herein, arising through negligence or otherwise howsoever caused.
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