The government has had no choice but to chuck the economy under the bus to save Australian lives.
The current economic situation is making the GFC look like a kitten. With forced closures of business and isolation directives, it’s difficult for consumers to spend money, if they were allowed out of the house. The knock on effect of these policies will see many people unemployed.
The government is spending a massive amount of money in an effort to support people that may lose jobs and businesses. This newsletter provides details on most of these initiatives.
Martel Wheatley will be working with clients through these challenging times. We are available to ensure our clients maximise all the government support available. We are also working with clients to ensure business cash flow decisions are made early and with confidence.
Big volatility brings big opportunity.
The information in this newsletter was sourced from the The Treasury of the Australian Government.
