It was announced in March that the Australian government would be increasing the instant asset write-off (IAWO) threshold from $30,000 to $150,000 for eligible assets from the 12th of March to the 30th of June – this end date will now be extended by six months.
In order to reduce the spread of the COVID-19 virus, social distancing measures have been put into place. This ensures that people are keeping at least 1.5m away from other people, and when indoors, there is 1 person per 4sqm.
These new rules are hard to understand at the best of times, so we have written up a small guide to help you through.
With the recent outbreak of COVID-19 in Australia, the Australian Government has announced a $17.6 billion economic stimulus package in order to avoid a recession.
On the 22nd of January it was announced that German retail giant, Kaufland, will be exiting the Australian market and ceasing any ongoing projects in Australia due to a change in corporate focus.
An artist’s impression of a Kaufland store in Australia. Credit: Kaufland
With winter over and done with, and the public coming out of hibernation; stores are getting busier. Hotter days, more customers, longer shifts all equate to greater wear and tear on your equipment. The last thing you want this Summer is an equipment breakdown that disrupts your business operations.
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