COVID-19 | The JobKeeper Payment – What this might mean for your business [updated to be current as at 26 April 2020]
The Coronavirus Economic Response Package (Payments and Benefits) Act 2020 (Cth) (Payments and Benefits Act) and Coronavirus Economic Response Package Omnibus (Measures No. 2) Act 2020 (Cth) (Omnibus Act) implement a framework for economic response payments known as the JobKeeper scheme and temporarily amends the Fair Work Act 2009 (Cth) (FW Act) by applying specific COVID-19 provisions. Following the […]
ReadmoreCOVID-19 | WA Government introduces new legislation to regulate commercial leasing arrangements during the COVID-19 pandemic
Following the Mandatory Code of Conduct released by the National Cabinet on 7 April 2020 (National Code of Conduct), the WA Legislative Council passed the Commercial Tenancies (COVID-19 Response) Bill 2020 (WA) (COVID-19 Bill) to introduce a range of temporary measures to provide for urgent relief for commercial tenants in response to the COVID-19 pandemic. […]
ReadmoreCOVID-19 | Asset Protection
The issue of asset protection often doesn’t materialise until it’s too late, however the current COVID-19 crisis should serve as a reminder that all those who personally own a business, are company directors, or even those in professional services should take legitimate steps to protect their assets. Much like when Kerry Packer told everyone who […]
ReadmoreFMCG Express | April Edition
It has been a tumultuous start to 2020, with the devastating droughts and bushfire season, followed by the COVID-19 pandemic. Australian businesses have been faced with unprecedented challenges, and the impact on the FMCG, retail and hospitality sectors has been profound. While some areas of the FMCG sector are on the up, others are struggling, […]
ReadmoreCOVID-19 | Changes to foreign investment framework – implications for the commercial leasing sector
Introduction Effective from 29 March 2020, the Australian Treasurer introduced changes to the foreign investment framework which included the reduction of the monetary screening thresholds for foreign investments in Australia to $0. For information about how the new measures will impact on investments generally, see our previous article on the topic. Do commercial leases require […]
ReadmoreCOVID-19 | Webinar | The JobKeeper Payment: What this might mean for your business
To assist companies through the economic impacts of COVID-19, the Federal Government recently announced the JobKeeper Payment package. Under the support package, eligible businesses impacted by the coronavirus will be able to access a subsidy from the Government to continue paying their employees. Eligible employers will be able to claim a fortnightly payment of $1,500 […]
ReadmoreCOVID-19 | Cth Government releases Code of Conduct for Commercial Leasing Arrangements
Following on from our earlier update, the Commonwealth Government has now released the mandatory Code of Conduct (Code) which the National Cabinet have agreed should be implemented by all states and territories in an effort to address the impacts of COVID-19 on commercial tenants (including retail, office and industrial). This announcement comes after the Government’s […]
ReadmoreCOVID-19 | Proposed Code of Conduct for Commercial and Retail Tenancies
The economic impact on both landlords and tenants during the COVID-19 pandemic continues to increase as stricter social distancing measures and restrictions on gatherings affect the ability of business to operate and trade from commercial and retail premises. The National Cabinet met on 3 April 2020 to discuss the proposed Code of Conduct for Commercial […]
ReadmoreCOVID-19 | Changes to foreign investment framework
What has happened? On Sunday, 29 March 2020, amid fears that the coronavirus associated downturn will result in foreign entities preying upon distressed Australian businesses, the Treasurer announced that the threshold amounts which apply in determining whether particular foreign investments are subject to Australia’s foreign investment framework are now $0. Does this affect my deals […]
ReadmoreCOVID-19 | Managing infrastructure charges and currency periods
Gadens understands the immediate and multi-faceted pressures placed on companies dealing with the fall out of the COVID-19 pandemic. In these troubling circumstances, Gadens are sharing, across a variety of practice areas, some of our thoughts on practical measures which can be taken to relieve some of the pressure. Our Planning and Environment Team has […]
ReadmoreCOVID-19 | Financial Assistance for Employers and Employees
Many Australians have been negatively impacted by the coronavirus (COVID-19) pandemic. For business, this has involved significant decreases in turnover, and for individuals, the loss of jobs and reductions in income. In response to this crisis, the Australian Government has introduced a number of financial support measures, including those set out in the Coronavirus Economic Response […]
ReadmoreContinuing Professional Development – 31 March 2020 | COVID-19 and Employment Issues
Below you will find the recording from our recent Continuing Professional Development morning, hosted via webinar on Tuesday, 31 March 2020. If you have any queries regarding the session topic, or related issues, please do not hesitate to get in touch with the presenter or our wider team. COVID-19 and Employment Issues Brett Feltham, Partner […]
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