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Showing posts with the label JobKeeper Scheme

Government announcement related to Post-JobKeeper Stimulus

This article covers the recent announcements from the government and what they could mean for the businesses including Tourism Aviation Network Support, the expanded SME Loan Guarantee Scheme and an extension of the Business Events Grants Program. The Federal Government has declared various stimulus measures and the extension of some existing measures for the period following the end of the JobKeeper Scheme. The SME Loan Guarantee Scheme will get extended till December 31 st , 2021 even though access to the scheme is restricted to the businesses which were the recipients of JobKeeper payments for the period between January 4 th , 2021 and March 28 th , 2021. This was specifically for the small businesses with a turnover of up to $250 million. Some other basic changes in this scheme include:   *   An increment in the proportion guaranteed by the Government. ·         *   Increment in the size of eligible loans from $1 million to $5 million. ·  ...