Australia

At William Buck, we have a dedicated team of professionals with specialist experience on a range of industry sectors and services.

Below, you’ll find valuable insights on how these industries and services have been impacted by COVID-19, including legislative changes and what this means for you and your business.

agribusiness

Agribusiness

Media Release | Agricultural sector a source of confidence for South Australia in tough times

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24 August 2020 | Lessons from an income break and how to safeguard cashflow during a downturn

Doctors and practices nationwide are suffering a variation in revenue due to a fall in the number of visits caused by the COVID-19 pandemic.

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FAQs | Medical industry key questions answered

Our Team has collated frequently asked questions that concern the Medical Industry during these unprecedented times.

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Advanced Manufacturing Growth Centre (AMGC)

The Advanced Manufacturing Growth Centre (AMGC) has introduced a portal for Australian manufacturers and individuals to register their interest and core competencies in support of the national response to COVID-19. The COVID-19 Manufacturer Response Register portal can be accessed here: www.amgc.org.au/covid-19-manufacturer-response

AMTIL

AMTIL is monitoring the situation and is working to support our members, partner organisations and the broader industry in these challenging times. AMTIL is also co-operating with partners in government and across industry to promote opportunities for manufacturers to assist in the effort to combat the pandemic. https://amtil.com.au/

International Organization for Standardization (ISO)

In support of the fight against the COVID-19 pandemic, the International Organization for Standardization (ISO) has made freely available a range of ISO standards around personal protective equipment (PPE), respirators and other medical equipment. For details, visit: www.iso.org/covid19

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NFP COVID-19

  • Chartiy changes in a COVID-19 world
  • Compliance in a COVID-19 world
  • COVID-19 financial reporting considerations
  • Revisit going concern

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12 May 2020 | Victorian passes COVID-19 land tax relief and commercial tenancy obligations

On 1 May 2020, the Victorian Government passed the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (Regulations).

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29 April 2020 | Can the construction industry drive the economic recovery from COVID-19?

The property & construction industry has underpinned Australian economic growth for much of the 2000s. It is therefore reasonable to expect that its ongoing success is paramount to supporting Australia’s economic recovery from the COVID-19 pandemic.

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09 April 2020 | Federal Government releases commercial tenancies code of conduct

On Tuesday 7 April saw, the Federal Govenrment released another announcement in response to COVID-19, the Commercial Tenancies Code of Conduct. The Code establishes a mandatory framework for the landlords and tenants of SME businesses impacted by COVID-19.

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Commercial tenancies code of conduct factsheet

Summary of  key principles and features of the code.

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COVID 19 | Commercial tenancies code of conduct

Director of Business Advisory, Paul Copeland discusses the Commerical tenancies code of conduct, how you can apply and if you meet the key criteria.

tech r&d

R&D

22 April 2020 | Thriving through Quarantine

As our country locks down and migrates indoors to flatten the curve, our consumer-based economy is suffering. We could be heading into a worldwide COVID-19 recession with the Australian Bureau of Statistics (ABS) expecting more than 80% of Australian businesses to be adversely impacted before the end of April.

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Empowering yourself financially after separation or divorce

11 May 2020 | Early access to superannuation: what are the risks?

We are experiencing challenging times and extreme levels of uncertainty at present and while Canberra’s early release of superannuation initiative will benefit many, here we explain why it’s important to exhaust other options first.

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19 April 2020 | Some considerations for SMSF landlords providing rental relief during COVID-19

Recent developments due to COVID-19 have seen an array of rental reductions, waivers, and deferrals offered by landlords across the country for commercial and residential tenancies.

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09 April 2020 | Super Guarantee Amnesty – take action now!

Given the Government’s recent announcement that many employees will be eligible to access up to $20,000 of their superannuation early due to the impacts of the COVID-19 pandemic, more individuals will be closely analysing their superannuation balances.

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23 March 2020 | Canberra announces early access to super as part of COVID-19 ‘Safety Net’

Canberra has announced changes that have the potential to affect all superannuation fund members as part of the Federal Government’s ‘Safety Net’ package to counter the blows of COVID-19.

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COVID 19 | Superannuation issues for employers

Director of Superannuation, Charis Liew shares insight into the Superannuation issues that SMEs should consider during this time
tech

30 April 2020| JobKeeper Program – Startup-specific issues and FAQ

Many startups are scratching their heads wondering if they actually qualify for the program and what do they need to do to be paid JobKeeper.

The purpose of this article is to provide insight on some of the most commonly-asked questions we have received from the tech sector over the last few weeks about how the JobKeeper measures apply to startups and scaleups.

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29 April 2020 | Everything startups need to know about the JobKeeper 'alternative test’ to qualify

Since startups can scale rapidly, many of them are unable to rely on the “basic test” demonstrating a 30% decline in turnover in a particular month or quarter this year to the same month or quarter last year.

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23 April 2020 | What startups need to do with their finances to survive the coronavirus

The coronavirus has dealt the world a one-two punch of a deadly health crisis combined with a devastating economic blow. Panic is setting in as hospital systems around the world are placed under tremendous strain whilst economies grind to a halt as shutdowns set in.

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Stone & Chalk webinar | How to Apply for the ATO’s Jobkeeper

Director of Tax Services, Jack Qi, and Manager of Tax Services Alex Zinzopoulos discusses JobKeeper practical tips & issues for startups, including a discussion of the Alternative Tests.