With end of financial year fast approaching Macquarie has a special offer for its existing Commercial Leasing Clients. This offer is open for businesses who may be thinking about upgrading their commercial vehicle or fleet. For a limited time only, Macquarie is offering these commercial leasing clients the opportunity to upgrade their existing commercial vehicle loan. When they take out a new Macquarie commercial loan, their existing vehicle loan will be upgraded without any payout costs applied. The main criteria…
On 12 March 2020, the Australian Federal Government announced details of the Backing Business Investment (BBI) package.
This package is intended to support small and medium business investment and growth over the relatively short-term. Its goal is to accelerate depreciation deductions for certain depreciable assets. Read more to see how this package can benefit your business.
This notice details the Federal Government announcement on 12 March regarding the increase to the Instant Asset Write-Off (IAWO). This came into immediate effect as of the announcement.
The packages are aimed at boosting the economy in the immediate short-term. Furthermore, their goal is to assist the recovery from the effects of the coronavirus outbreak in the long-term. Read more to see how this may affect or benefit your business.
The spread of the COVID-19 coronavirus has seen the serious and continuing impact on the Australian economy. Due to this, many businesses are under considerable financial strain at the moment and are weighing their options.
To assist SME businesses during this time, on the 20th March the Australian Banking Association announced the Small Business Relief Package.