Posts Tagged: SME Australia

RBA leads Australian banks to throw $100B lifeline to SMEs

Australian banks have joined forces to support SMEs to survive the economic impact of COVID-19 (coronavirus) and, hopefully, head off a recession. The Reserve Bank of Australia has led the charge and the Australian Banking Association has followed. As the Federal and State Governments work on additional economic stimulus measures…

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Are your offshore business R&D activities eligible for funding?

The Federal Government acknowledges that the Australian economy relies on small business to support employment and local communities. Recognising the importance of innovation to small business growth, the Federal Government has introduced a Research and Development (R&D) Tax Incentive¬† to help SMEs invest in research and development. The R&D Tax…

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