Coronavirus Outbreak

[innsaneink]

So is this new announcement a lockdown or not?

Not yet but likely... Cabinet meeting tonite or tomorrow?

 

[Tim Sheens]

So is this new announcement a lockdown or not?

No, not yet, but can probably bet your house on all schools shutting on Tuesday, as they will likely announce in the morning and it would not surprise if some specific areas are locked down from tomorrow.

 

[TillLindemann]

So is this new announcement a lockdown or not?

Not yet but likely... Cabinet meeting tonite or tomorrow?

Just read on the ABC that NSW is closing all non-essential services. As my work is 'non essential', not sure if I should be going to work, or staying home.

 

[trentrunciman]

Anyone here got asthma? Or kids?

My asthma isn't the best. I went to the pharmacy to get an inhaler and they're all gone. Apparently body builders been using them and I recall seeing NRL players using them too...

 

[Tiger5150]

So is this new announcement a lockdown or not?

Not yet but likely... Cabinet meeting tonite or tomorrow?

Just read on the ABC that NSW is closing all non-essential services. As my work is 'non essential', not sure if I should be going to work, or staying home.

So many questions about this. My job (self employed) basically involves walking around looking at things outdoors. If there is no restriction on walking around, I assume I can still do my job?

 

[hobbo1]

So is this new announcement a lockdown or not?

Not yet but likely... Cabinet meeting tonite or tomorrow?

Just read on the ABC that NSW is closing all non-essential services. As my work is 'non essential', not sure if I should be going to work, or staying home.

So many questions about this. My job (self employed) basically involves walking around looking at things outdoors. If there is no restriction on walking around, I assume I can still do my job?

I need Bunnings to stay open !

 

[weststigers]

If anyone thinks that the hand outs given to employers will be passed down to their employees they're crazy. Maybe in some cases, maybe in a lot of cases, but the reality is probably more like the employers will hand out a little to some, skim a large chunk and then re-hire what's needed down the track without any worries at all because masses of workers will be desperate for work.

Yes and no. Case by case.

Let's take a cafe for instance. They have suppliers they need to pay. If you don't pay, you don't get supply and it wrecks your ability to make money to pay wages anyway. If you give business nothing, they will fail. Full stop. Good luck finding a job when this is all over unless you work for government or other safe industries.

Businesses aren't only an employer and employee relationship. They have suppliers, bills, rent etc.

But, you're right, for most SME employees, they will get their next payslip and their entitlements and either stood down or made redundant. Some will be able to stay on a needs basis if that business is making some sales.

Income support is available for employees that are stood down/lose jobs. The hope is the cash injection is enough for businesses to keep the doors open until things pick up again - hopefully the staff can slot straight back in.

For most, this cash injection will only help very small businesses and is not enough to cover 6 months worth of wages.

The cash injection is directly linked to retained employees. Employer doesn’t get it if they put people off

Correct - linked to employers that have staff.

 

[cochise]

If anyone thinks that the hand outs given to employers will be passed down to their employees they're crazy. Maybe in some cases, maybe in a lot of cases, but the reality is probably more like the employers will hand out a little to some, skim a large chunk and then re-hire what's needed down the track without any worries at all because masses of workers will be desperate for work.

Yes and no. Case by case.

Let's take a cafe for instance. They have suppliers they need to pay. If you don't pay, you don't get supply and it wrecks your ability to make money to pay wages anyway. If you give business nothing, they will fail. Full stop. Good luck finding a job when this is all over unless you work for government or other safe industries.

Businesses aren't only an employer and employee relationship. They have suppliers, bills, rent etc.

But, you're right, for most SME employees, they will get their next payslip and their entitlements and either stood down or made redundant. Some will be able to stay on a needs basis if that business is making some sales.

Income support is available for employees that are stood down/lose jobs. The hope is the cash injection is enough for businesses to keep the doors open until things pick up again - hopefully the staff can slot straight back in.

For most, this cash injection will only help very small businesses and is not enough to cover 6 months worth of wages.

The cash injection is directly linked to retained employees. Employer doesn’t get it if they put people off

Correct - linked to employers that have staff.

The employer keeps the tax collected from any staff they have!

 

[weststigers]

So is this new announcement a lockdown or not?

Not yet but likely... Cabinet meeting tonite or tomorrow?

Just read on the ABC that NSW is closing all non-essential services. As my work is 'non essential', not sure if I should be going to work, or staying home.

So many questions about this. My job (self employed) basically involves walking around looking at things outdoors. If there is no restriction on walking around, I assume I can still do my job?

There's still a few questions, but they seem to be using the word "shutdown" rather than "lockdown".

It might mean businesses open to the public must close, but because you don't have a premises or office full of staff, then you might be ok to keep going.

 

[weststigers]

If anyone thinks that the hand outs given to employers will be passed down to their employees they're crazy. Maybe in some cases, maybe in a lot of cases, but the reality is probably more like the employers will hand out a little to some, skim a large chunk and then re-hire what's needed down the track without any worries at all because masses of workers will be desperate for work.

Yes and no. Case by case.

Let's take a cafe for instance. They have suppliers they need to pay. If you don't pay, you don't get supply and it wrecks your ability to make money to pay wages anyway. If you give business nothing, they will fail. Full stop. Good luck finding a job when this is all over unless you work for government or other safe industries.

Businesses aren't only an employer and employee relationship. They have suppliers, bills, rent etc.

But, you're right, for most SME employees, they will get their next payslip and their entitlements and either stood down or made redundant. Some will be able to stay on a needs basis if that business is making some sales.

Income support is available for employees that are stood down/lose jobs. The hope is the cash injection is enough for businesses to keep the doors open until things pick up again - hopefully the staff can slot straight back in.

For most, this cash injection will only help very small businesses and is not enough to cover 6 months worth of wages.

The cash injection is directly linked to retained employees. Employer doesn’t get it if they put people off

Correct - linked to employers that have staff.

The employer keeps the tax collected from any staff they have!

I thought that too, but I think it's correlated to wages rather than PAYG withholding. Maybe someone who's received advice can confirm.

Here's the treasury document with examples https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Cash_flow_assistance_for_businesses_0.pdf

I'm going to speak to the accountant on Monday and get clarification.

 

[cochise]

If anyone thinks that the hand outs given to employers will be passed down to their employees they're crazy. Maybe in some cases, maybe in a lot of cases, but the reality is probably more like the employers will hand out a little to some, skim a large chunk and then re-hire what's needed down the track without any worries at all because masses of workers will be desperate for work.

Yes and no. Case by case.

Let's take a cafe for instance. They have suppliers they need to pay. If you don't pay, you don't get supply and it wrecks your ability to make money to pay wages anyway. If you give business nothing, they will fail. Full stop. Good luck finding a job when this is all over unless you work for government or other safe industries.

Businesses aren't only an employer and employee relationship. They have suppliers, bills, rent etc.

But, you're right, for most SME employees, they will get their next payslip and their entitlements and either stood down or made redundant. Some will be able to stay on a needs basis if that business is making some sales.

Income support is available for employees that are stood down/lose jobs. The hope is the cash injection is enough for businesses to keep the doors open until things pick up again - hopefully the staff can slot straight back in.

For most, this cash injection will only help very small businesses and is not enough to cover 6 months worth of wages.

The cash injection is directly linked to retained employees. Employer doesn’t get it if they put people off

Correct - linked to employers that have staff.

The employer keeps the tax collected from any staff they have!

I thought that too, but I think it's correlated to wages rather than PAYG withholding. Maybe someone who's received advice can confirm.

Here's the treasury document with examples https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Cash_flow_assistance_for_businesses_0.pdf

I'm going to speak to the accountant on Monday and get clarification.

I think that is from the original stimulus package not the new one?

 

[weststigers]

If anyone thinks that the hand outs given to employers will be passed down to their employees they're crazy. Maybe in some cases, maybe in a lot of cases, but the reality is probably more like the employers will hand out a little to some, skim a large chunk and then re-hire what's needed down the track without any worries at all because masses of workers will be desperate for work.

Yes and no. Case by case.

Let's take a cafe for instance. They have suppliers they need to pay. If you don't pay, you don't get supply and it wrecks your ability to make money to pay wages anyway. If you give business nothing, they will fail. Full stop. Good luck finding a job when this is all over unless you work for government or other safe industries.

Businesses aren't only an employer and employee relationship. They have suppliers, bills, rent etc.

But, you're right, for most SME employees, they will get their next payslip and their entitlements and either stood down or made redundant. Some will be able to stay on a needs basis if that business is making some sales.

Income support is available for employees that are stood down/lose jobs. The hope is the cash injection is enough for businesses to keep the doors open until things pick up again - hopefully the staff can slot straight back in.

For most, this cash injection will only help very small businesses and is not enough to cover 6 months worth of wages.

The cash injection is directly linked to retained employees. Employer doesn’t get it if they put people off

Correct - linked to employers that have staff.

The employer keeps the tax collected from any staff they have!

I thought that too, but I think it's correlated to wages rather than PAYG withholding. Maybe someone who's received advice can confirm.

Here's the treasury document with examples https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Cash_flow_assistance_for_businesses_0.pdf

I'm going to speak to the accountant on Monday and get clarification.

I think that is from the original stimulus package not the new one?

Believe it's the new one because they mention the increase of minimum payment from $2,000 to $20,000 - I might be wrong. Is there a link to the new one you've found?

 

[cochise]

If anyone thinks that the hand outs given to employers will be passed down to their employees they're crazy. Maybe in some cases, maybe in a lot of cases, but the reality is probably more like the employers will hand out a little to some, skim a large chunk and then re-hire what's needed down the track without any worries at all because masses of workers will be desperate for work.

Yes and no. Case by case.

Let's take a cafe for instance. They have suppliers they need to pay. If you don't pay, you don't get supply and it wrecks your ability to make money to pay wages anyway. If you give business nothing, they will fail. Full stop. Good luck finding a job when this is all over unless you work for government or other safe industries.

Businesses aren't only an employer and employee relationship. They have suppliers, bills, rent etc.

But, you're right, for most SME employees, they will get their next payslip and their entitlements and either stood down or made redundant. Some will be able to stay on a needs basis if that business is making some sales.

Income support is available for employees that are stood down/lose jobs. The hope is the cash injection is enough for businesses to keep the doors open until things pick up again - hopefully the staff can slot straight back in.

For most, this cash injection will only help very small businesses and is not enough to cover 6 months worth of wages.

The cash injection is directly linked to retained employees. Employer doesn’t get it if they put people off

Correct - linked to employers that have staff.

The employer keeps the tax collected from any staff they have!

I thought that too, but I think it's correlated to wages rather than PAYG withholding. Maybe someone who's received advice can confirm.

Here's the treasury document with examples https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Cash_flow_assistance_for_businesses_0.pdf

I'm going to speak to the accountant on Monday and get clarification.

I think that is from the original stimulus package not the new one?

Believe it's the new one because they mention the increase of minimum payment from $2,000 to $20,000 - I might be wrong. Is there a link to the new one you've found?

This is what I have found so far!

How does it work?
The tax-free payment is worth 100% of the tax that small and medium-sized businesses withhold from their employees’ salary and wages up to a maximum amount of $100,000.


The amount will be paid automatically by the Australian Taxation Office based on the business’s monthly or quarterly business activity statements.
This means it will be directly linked to keeping someone employed as the tax is calculated and withheld based on a worker’s wage.
Eligible businesses that pay salary and wages will receive a minimum payment of $20,000, even if they are not required to withhold tax.

 

[Snake]

When we live with a moronic population that think everything is a joke you have to SHUT everything down ...there is no other answer , now these morons are going to get a real wake up call at long last !

 

[GNR4LIFE]

Really not sure how long my job (local government) can be shut down for. Some services I think we’ll be essential, but not all i’m guessing.

 

[Snake]

Really not sure how long my job (local government) can be shut down for. Some services I think we’ll be essential, but not all i’m guessing.

Local gov essential 😂

 

[Tim Sheens]

Really not sure how long my job (local government) can be shut down for. Some services I think we’ll be essential, but not all i’m guessing.

Local gov essential ?

Not most of it, but stop collecting rubbish and a fortnight later we have additional health issues.

 

[weststigers]

If anyone thinks that the hand outs given to employers will be passed down to their employees they're crazy. Maybe in some cases, maybe in a lot of cases, but the reality is probably more like the employers will hand out a little to some, skim a large chunk and then re-hire what's needed down the track without any worries at all because masses of workers will be desperate for work.

Yes and no. Case by case.

Let's take a cafe for instance. They have suppliers they need to pay. If you don't pay, you don't get supply and it wrecks your ability to make money to pay wages anyway. If you give business nothing, they will fail. Full stop. Good luck finding a job when this is all over unless you work for government or other safe industries.

Businesses aren't only an employer and employee relationship. They have suppliers, bills, rent etc.

But, you're right, for most SME employees, they will get their next payslip and their entitlements and either stood down or made redundant. Some will be able to stay on a needs basis if that business is making some sales.

Income support is available for employees that are stood down/lose jobs. The hope is the cash injection is enough for businesses to keep the doors open until things pick up again - hopefully the staff can slot straight back in.

For most, this cash injection will only help very small businesses and is not enough to cover 6 months worth of wages.

The cash injection is directly linked to retained employees. Employer doesn’t get it if they put people off

Correct - linked to employers that have staff.

The employer keeps the tax collected from any staff they have!

I thought that too, but I think it's correlated to wages rather than PAYG withholding. Maybe someone who's received advice can confirm.

Here's the treasury document with examples https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Cash_flow_assistance_for_businesses_0.pdf

I'm going to speak to the accountant on Monday and get clarification.

I think that is from the original stimulus package not the new one?

Believe it's the new one because they mention the increase of minimum payment from $2,000 to $20,000 - I might be wrong. Is there a link to the new one you've found?

This is what I have found so far!

How does it work?
The tax-free payment is worth 100% of the tax that small and medium-sized businesses withhold from their employees’ salary and wages up to a maximum amount of $100,000.


The amount will be paid automatically by the Australian Taxation Office based on the business’s monthly or quarterly business activity statements.
This means it will be directly linked to keeping someone employed as the tax is calculated and withheld based on a worker’s wage.
Eligible businesses that pay salary and wages will receive a minimum payment of $20,000, even if they are not required to withhold tax.

Ok...I've read one of the examples and this is what I've understood.

Basically, if you pay tax for your employees, you will get up to $50,000 of all PAYG back as you pay it. Minimum payment is $20,000 upfront regardless of how much PAYG is withheld.

After you've claimed back $50,000 in total, you can receive another $50,000 (split in 25% increments) spread over each BAS period for a total of $100,000.

Really, this will only work for businesses that have revenue to sustain wages. Most businesses have dropped significantly, so it's unlikely to help much overall.

 

[cochise]

If anyone thinks that the hand outs given to employers will be passed down to their employees they're crazy. Maybe in some cases, maybe in a lot of cases, but the reality is probably more like the employers will hand out a little to some, skim a large chunk and then re-hire what's needed down the track without any worries at all because masses of workers will be desperate for work.

Yes and no. Case by case.

Let's take a cafe for instance. They have suppliers they need to pay. If you don't pay, you don't get supply and it wrecks your ability to make money to pay wages anyway. If you give business nothing, they will fail. Full stop. Good luck finding a job when this is all over unless you work for government or other safe industries.

Businesses aren't only an employer and employee relationship. They have suppliers, bills, rent etc.

But, you're right, for most SME employees, they will get their next payslip and their entitlements and either stood down or made redundant. Some will be able to stay on a needs basis if that business is making some sales.

Income support is available for employees that are stood down/lose jobs. The hope is the cash injection is enough for businesses to keep the doors open until things pick up again - hopefully the staff can slot straight back in.

For most, this cash injection will only help very small businesses and is not enough to cover 6 months worth of wages.

The cash injection is directly linked to retained employees. Employer doesn’t get it if they put people off

Correct - linked to employers that have staff.

The employer keeps the tax collected from any staff they have!

I thought that too, but I think it's correlated to wages rather than PAYG withholding. Maybe someone who's received advice can confirm.

Here's the treasury document with examples https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Cash_flow_assistance_for_businesses_0.pdf

I'm going to speak to the accountant on Monday and get clarification.

I think that is from the original stimulus package not the new one?

Believe it's the new one because they mention the increase of minimum payment from $2,000 to $20,000 - I might be wrong. Is there a link to the new one you've found?

This is what I have found so far!

How does it work?
The tax-free payment is worth 100% of the tax that small and medium-sized businesses withhold from their employees’ salary and wages up to a maximum amount of $100,000.


The amount will be paid automatically by the Australian Taxation Office based on the business’s monthly or quarterly business activity statements.
This means it will be directly linked to keeping someone employed as the tax is calculated and withheld based on a worker’s wage.
Eligible businesses that pay salary and wages will receive a minimum payment of $20,000, even if they are not required to withhold tax.

Ok...I've read one of the examples and this is what I've understood.

Basically, if you pay tax for your employees, you will get up to $50,000 of all PAYG back as you pay it. Minimum payment is $20,000 upfront regardless of how much PAYG is withheld.

After you've claimed back $50,000 in total, you can receive another $50,000 (split in 25% increments) spread over each BAS period for a total of $100,000.

Really, this will only work for businesses that have revenue to sustain wages. Most businesses have dropped significantly, so it's unlikely to help much overall.

Its the encouragement to keep those employees on, basically the government will be paying roughly 32% of employee wages. When you look at the British government paying 80% of wages.

 

[pawsandclaws1]

Really not sure how long my job (local government) can be shut down for. Some services I think we’ll be essential, but not all i’m guessing.

NSW Govt has given public servants an extra 20 days leave pa plus flexibility to work from home or remotely from other offices.