The Australian Taxation Office (ATO) have outlined key dates employers must be aware of to stay eligible for JobKeeper, as the extension period for the wage subsidy comes into place this week. “There are some key dates to keep in mind, and simple steps employers can take now, so they are ready for the changes, […]
Westpac has settled a case with financial crime watchdog AUSTRAC regarding more than 23 million alleged breaches of anti-money laundering laws by paying a record $1.3 billion penalty. The fine is the largest penalty in Australia’s corporate history. Last year Australia’s financial crime watchdog AUSTRAC said the bank had failed to properly report 19.5 million […]
With brick-and-mortar sales decreasing and e-commerce sales increasing, retailers should be looking to implement new methods and technologies to keep their physical stores relevant and productive. Baldeep Gill is the newly appointed CEO of Aisleplus, a service ecosystem dedicated to helping physical retail stores connect with the digital world. While Mr Gill believes that the […]
The NSW Government has revealed it has allocated $400m of its $3 billion Jobs and Infrastructure Acceleration Fund to regional projects. Last week, the government announced $2.4 billion in funding, which included $1.4 billion in accelerated funding for regional projects. This brings the total spend so far to almost $1.8 billion for regional projects. Premier […]
Drone autonomy company, Emesent, has announced a new investment from In-Q-Tel (IQT), the investment arm of the US intelligence agency the CIA. The strategic investment will help power Emesent’s expansion into new industries including defence, security, and emergency response. “This investment from In-Q-Tel and the strategic support it offers is a boon for our continued growth and the […]
Working from home has increased the use of residential energy across Australia, leading experts to call for households to switch to renewable sources. Through April, residential energy in New South Wales increased by 10 per cent, and in Victoria by 12 per cent. Ross Sharman, the founder of EnergyIQ and an integral member of the […]
There are 12 days to go until the Australian Treasury closes public consultation of the Foreign Investment Reform (Protecting Australia’s National Security) Regulations 2020 (Exposure Draft Regulations) and the Foreign Acquisitions and Takeovers Fees Imposition Regulations 2020 (Exposure Draft Fees Regulations). The draft reforms under consultation have been made to give further effect to the major reforms of the Foreign […]
Fewer women are running the country’s top 200 ASX-listed companies in 2020 compared to the last four years, according to the Chief Executive Women (CEW) ASX200 census report released last week. The report found that the amount of female CEOs of the ASX200 companies has declined from 14 to 10 since 2018. It also found […]
The NSW Government have announced that major sporting events at selected Sydney stadiums will be able to increase their capacity from October 1. Based on updated health advice, Stadium Australia and Bankwest Stadium will be able to host ticketed, seated-only events with crowds increasing from 25 to 50 per cent capacity. The SCG has also […]
Alfresco dining will become the norm this summer, with NSW government agencies banding together in a task force dedicated to activating the state’s outdoor hospitality spaces. This announcement comes off the back of the Victorian government’s announcement of a $290 million package for Melbourne restaurants to expand outdoors in a growing national trend to see […]
