In this article, we discuss some of the measures the Australian
Government has put in place which might help businesses whose
recovery of revenue may be slow, once the relaxation of COVID-19
lockdown measures begin.
Various State governments are beginning to formulate plans to
wind back the COVID-19 measures which have so greatly affected
businesses across Australia. All things going to plan, in the
coming months we hope to see an increase in at least some
business'ability to generate revenue.
That said, it is expected that it will take time for industries
to recover. In addition, there are rumours that the JobKeeper
stimulus package may be wound back.
Accordingly, it is important to keep in mind some of the less
widely discussed measures the Australian Government has put in
place to assist businesses which may still see an appreciable
period of time before their revenues return to usual levels.