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  • March 27 2020 Let’s not repeat mistakes: Lender Lumi calls for partnership with big banks

    As a result of the COVID-19 pandemic causing business disruptions of an unprecedented scale, alternative lender Lumi has today called for lenders to put aside their differences and create partnerships to avoid finance bottlenecks in light of the government’s $15b injection announcement to small business loans. Due to the data and technology capabilities Lumi and Read More…

  • March 27 2020 Corporate meditation for uncertainty and stress, Luke McLeod’s approach

    We’re interrupting the coronavirus/small business coverage briefly, to bring you our regular entrepreneur Friday with Luke McLeod, who is the founder of Soul Alive. The meditation startup is bringing calmness into a world of panic and uncertainty… so it’s particularly relevant right now with the coronavirus pandemic escalating across the world.  With meditation and self-care on Read More…

  • March 26 2020 How hospitality businesses can adapt to the coronavirus impact

    As the coronavirus pandemic continues to have a global impact on the foodservice industry, Australian hospitality owners are encouraged to take some important steps to help them ride out the storm. Hospitality owners should be looking closely at their last P&L statement to see where the impact will be felt. If sales fall, how will Read More…

  • March 26 2020 Sole traders and the COVID-19 pandemic: The support available

    Last week we brought attention to the fact that sole traders had been missed out in the first stage of the stimulus package put forward by government during the COVID-19 pandemic.  The Small Business and Family Ombudsman, Kate Carnell, called for more support for businesses that do not employ staff, saying they needed “income support Read More…

  • March 26 2020 Social media vital for small business throughout the COVID-19 pandemic

    With rapidly changing market conditions due to COVID-19, communicating with customers via social media has never been more important. Expert Carissa Hill said it was imperative business owners embrace the instantaneous nature of social media to keep stakeholders and clients informed. “Every business owner should have at least a pinned post on their Facebook page Read More…

  • March 25 2020 Legal Tech goes from luxury to necessity overnight

    As the nation moves to remote working to flatten COVID-19, the use of legal technology has gone from being a luxury to a necessity overnight. John Ahern, CEO of leading tech innovator, InfoTrack, said “The original purpose of legal-tech was to automate and create workflow efficiencies in practice.” “But now more than ever before, legal Read More…

  • March 25 2020 Let’s Talk: Cash flow, the big challenge for small businesses

    Cash flow is a huge concern for small business at the best of times, however with the unprecedented coronavirus pandemic also, today’s Let’s Talk is especially important. We have made sure to give you the best information possible regarding support during this challenging time, such as: Stimulus package break down Advice for working from home Read More…

  • March 24 2020 The remote work conundrum: How to work from home efficiently

    As the COVID-19 pandemic continues to affect individuals and businesses across the globe, many governments and health organisations have advised working from home as a means to slow the spread of the virus. Indeed, many Australian businesses have already implemented mandatory work from home practices for their employees. Globally, we’re undergoing the world’s largest work-from-home experiment Read More…

  • March 23 2020 Coronavirus pandemic: Small business advice

    Small business is placed under tremendous pressure with the coronavirus pandemic, so ActionCOACH ANZ have summarised the key pieces of advice to help weather the storm.  With the knock-on effects of coronavirus impacting consumer behaviour, small businesses must be innovative and find ways to stay competitive and ensure their survival. “Certainly, these are extremely trying Read More…

  • March 23 2020 ‘Employers can stand down staff without pay’

    The pending shut downs of non-essential services across parts of Australia may trigger conditions in the Fair Work Act that will allow employers to stand staff down without pay, according to Employsure, Australia’s leading workplace relations company. In a Government imposed closure of a workplace, employers may be in a position to stand staff down Read More…

  • March 23 2020 Stimulus package 2.0: What does the $66 billion package mean?

    Yesterday the prime minister Scott Morrison announced a second stimulus package of $66 billion to help the economy survive the impacts of the COVID-19 outbreak. The federal parliament could sit for just one day today to pass the government’s stimulus measures as quickly as possible, before members of parliaments reduce meetings for social distancing purposes. Read More…

  • March 20 2020 Small businesses to receive loan relief for 6 months

    Small businesses impacted by the coronavirus crisis will be able to defer their loan repayments for six months under a plan put forward by the banking industry. Australian Banking Association chief executive Anna Bligh said, “This is a multi-billion-dollar lifeline for small businesses when they need it most, to help keep the doors open and Read More…

  • March 20 2020 The not-so-negative stories on COVID-19 that give us hope

    Many businesses are feeling the effects of COVID-19, and in mainstream media the negative ones have been extensively covered. We know that the global pandemic will have a detrimental impact on the economy, with the RBA making an unscheduled record-breaking interest rate cut yesterday and the government announcing a $17.6 billion stimulus package. As we Read More…

  • March 20 2020 Free resources and help for small businesses during COVID-19

    Many businesses are offering either free services or products during this challenging time that small businesses can take advantage of. These range from software, to forums to parent-specific tools. Please follow Dynamic Business for updates on these resources, which we will continually add to, and also for updates on the stimulus package and what you Read More…

  • March 19 2020 What are casual staff entitled to amid the coronavirus outbreak?

    With governments and workplaces now rapidly escalating their responses to the COVID-19 global pandemic, the crisis has shone a spotlight on the inherent precariousness of casual employment here at home. UPDATE: Casual employees (of 12 months or more) are entitled to government’s JobKeeper payment McDonald Murholme Senior Associate Arthur Hambas says that casual workers are Read More…

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