We know the business community is profoundly anxious about the impact this pandemic will have on jobs, businesses and the ability of many Australian’s to provide for their families.While larger businesses may have the financial reserves to absorb such a shock, small and medium enterprises are significantly exposed.
P4 Group has compiled a factsheet outlining all current government support measures available to mitigate the impact of COVID-19.
This factsheet provides a one-stop-shop for all government support available at present (as of 1st April, 2020), to minimise the time required sifting through the sea of information out there.
Click below to download the factsheet:DOWNLOAD
Governments across Australia have released several economic stimulus measures designed to prop up our economy as we weather COVID-19. The overarching goal is to limit the depth of Australian recession, keep workers in jobs (thereby keeping a lid on unemployment) and get a head start on a strong recovery when we come out the other side.The multi-billion dollar stimulus initiatives are primarily designed to lift consumption and business investment. Whether or not these measures will be successful will depend on the capacity of households and businesses to take them up.
P4 Group is dedicated to keeping you up to date on what government initiatives businesses are able to draw on, should your circumstances require.
While government support can help ease the pain on your bottom line, it is more often than not ‘slow to flow’ through to your operational budget. We also know that you went in to business for a reason.
Business owners are entrepreneurial. They are problem solvers. They care about their ‘product’ and of course, their people.
No doubt you are motivated to lead your people through this trying time, and find ways to remain optimistic about the future. It’s the small, tactical and strategic efforts that will get your business out the other side.
It is important to apply equal focus on making tangible and strategic changes to your business in response to this crisis.
Here’s P4 Group’s top tips:
The business landscape is changing daily. Government announcements are fast flowing.
It’s imperative we keep the wheels of the business community turning.
#AskP4 how we can help you identify what measures can work for your business to ensure you come out the other side, sooner.