On 7 April 2020, the Prime Minister announced a national commercial tenancy Code of Conduct for commercial leases for businesses affected by the COVID-19 pandemic in its response to protect public health. The Federal Government have also introduced financial assistance packages for small to medium businesses such as the JobKeeper and cash flow boost programs.
There has been considerable amounts of information about concerning JobKeeper and the $1,500 per employee per fortnight available from the federal government and administered by the Australian Taxation Office.
The ATO has credited business accounts with the first wave of cash boost payments. These payments are different from JobKeeper payments and should flow automatically based on the lodgement of BAS returns for the period ended 31 March 2020.
The NSW Government is providing financial support to ease the pressures on small business as a result of COVID-19. If your business has experienced a significant decline in revenue as a result of COVID-19, you may be eligible for the small business support grant of up to $10,000.
Cybercriminals continue to target Newsagents through a range of COVID-19 themed scams, fraud attempts and deceptive email schemes, the Australian Cyber Security Centre (ACSC) has warned in a new threat update.
The Australian Taxation Office (ATO) has released part of the arrangements around supporting Newsagents to claim JobKeeper payments. The JobKeeper payment is open to eligible Newsagents to enable them to pay their eligible employee’s salary or wages of at least $1,500 (before tax) per fortnight.
The number of changes to Awards and legislation which apply to employment relationships between Newsagents and their employees are coming thick and fast.
Schedule X has been added to the General Retail Industry Award 2010. The schedule covers off on additional measures during the COVID-19 pandemic.
The Prime Minister’s announcement on 7 April of a National Tenancy Code is yet to receive legislative support in both NSW and the ACT. NANA is aware of preparations to introduce legislation/regulations which will support the Prime Minister’s announced Code but clarity on the timetable is a bit difficult to come by.
Unfortunately, NANA continues to receive reports of theft, break-ins and burglaries of Newsagent premises across NSW and the ACT. Thieves are targeting the usual items – cash, tobacco products and high value items such as electronics and packaged giftware. Even safes are being removed from retail premises to be cracked off-site. Now, more than ever, […]