Government Support & Stimulus Packages (Federal & State)
In response to the spread of the Coronavirus and concerns of the flow on effects to both the Global and Australian economies, the Federal and State Governments have announced billions in economic stimulus packages and financial support. Summary of assistance for small business, sole traders, employers, apprenticeship wages etc. can be found here.
Workplace Risk Management (Workplace Health & Safety)
Members are encouraged to consider the potential threat of infection from Coronavirus for their employees and themselves. It is suggested that regular updates from reputable media sources and health department announcements form the basis for your responses to mitigate or reduce risk of infection. Click the Read More button to find out what you need to be doing to reduce your risk.
Some members may already be feeling a downturn or slowing of enquiries. In this rapidly changing environment, members should consider developing a Business Continuity Plan (BCP) if they haven’t already done so. Set some time aside NOW to consider how your business can continue to deliver your services or products – time spent now will also assist your business to survive and then THRIVE once the downturn, however long it may be, is over.
The current Coronavirus situation will change the way in which we run our businesses and it is important to have an understanding of what issues you may need to consider to successfully navigate the period ahead and deal with your suppliers as well as your clients.
We’ve all been on planes and heard the cabin crew’s advice to affix your own oxygen mask before you affix that of a child. It’s true – you will be of little assistance to yourself, your family, or your employees if you don’t take some time to look after yourself FIRST during this unsettling period.