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The Second $66.1 bn Stimulus Package: What You Need To Know

The Government yesterday released a second, far reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides cash flow support of up to $100,000 for small business..

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Government Assistance Announcement: The implications for your business

 

Prime Minister Scott Morrison recently announced a suite of measures aimed at stimulating the economy, following the World Health Organisation's declaration of the Coronavirus COVID-19 as a pandemic.

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WLM's Response to Coronavirus COVID 19

The Coronavirus pandemic and the measures to slow its transmission are evolving rapidly. First priority is the safety and wellbeing of our employees, clients and the broader community. The following is a summary of WLM’s operating procedures..

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Coronavirus: State Government Tax Relief for SMEs

The New South Wales, Queensland and Western Australian State Governments have recently introduced a limited range of tax relief measures. The packages are intended to assist small-to-medium-sized businesses during the current period of economic..

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How to overcome business partner conflict over equitable profit sharing

Business partner conflicts are commonplace. The critical thing is how they are managed to a satisfactory resolution.

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Important update on discretionary trusts

The NSW government recently introduced a bill whereby virtually all discretionary trusts may be deemed to be foreign trusts, regardless of whether they have any foreign connection or not. 

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Super Guarantee Amnesty Resurrected

The Government has resurrected the Superannuation Guarantee (SG) amnesty giving employers that have fallen behind with their SG obligations the ability to “self-correct.” This time however, the incentive of the amnesty is strengthened by harsh..

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How business owners unlock potential with one team of financial experts

The Rugby World Cup is in full swing, and as we watch nations compete for victory on the field we are sure to witness all the highs and lows that come with team sport. To be competitive having a strategy is a must, as too is commitment,..

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