JobKeeper and JobSeeker Changes Effective 28 September: What You Need To Know

The Australian Government announced that JobKeeper and JobSeeker payments will be extended, with changes starting on 28 September 2020. Below is a rundown of the changes to expect on these support schemes. Changes to JobKeeper The JobKeeper scheme will continue until 28 March 2021. The extension of the scheme will operate in two separate periods: Extension 1: 28 September 2020 to 3 January 2021 Extension 2: 4 January 2021 to…  Read more

3 Tips to help You Raise Your Credit Score

Throughout your business life, you’ll likely need to borrow capital. This is why it’s important to build and maintain a solid credit score now – so when the time comes to apply for financing you’ll be able to prove to a lender you’re a good risk. Here are 3 easy steps you can take today to raise your credit score. 1. Understand your numbers A quick online search can help…  Read more

Business News Update – 23 September 2020

Welcome back to our Weekly News Digest. We hope you and your family are safe and doing well. Read on for this week’s update. Queensland Border Zone Extensions from October 1st Queensland’s border zone will be extended to 5 local government areas in NSW starting October 1st. These areas include: Byron, Ballina, Lismore, Richmond Valley and Glen Innes councils. South Australia-NSW Borders to Open at Midnight South Australia will reopen…  Read more

Business News Update – 16 September 2020

Welcome back to our Weekly COVID-19 news update.  We hope you and your family are safe and doing well.  Read on for this week’s update. Melbourne’s Roadmap to ‘COVID Normal’ A staged plan to ease Melbourne out of tight COVID-19 restrictions has been released. Stage 4 restrictions will remain in place for another two weeks with some minor changes, and will start to ease further from 28 September. The final…  Read more

How to develop good business habits

If you’re like most small business owners, there’s never enough hours in a day to complete all the tasks on your to do list. Often you’re faced with prioritising what you need to do right now – deal with customer queries, meet a deadline, attend an event – and the things you know you should be doing for the ongoing growth of your business. Scheduling time to attend to these…  Read more

Victorian Government Releases 3rd Round of Business Support Packages

Premier Daniel Andrews announced on Sunday 13th September 2020 a third round of the business support fund to provide financial support to businesses impacted by restrictions in Victoria. The $3 billion business support package is the largest in Victoria’s history taking the Government’s total business support to over $6 billion to help keep Victorians in Jobs and to help businesses to survive during this difficult time. The package is to…  Read more

4 Tips to Help Grow Your Family Business

Many family business owners have the same goal in mind – to grow their business and to pass it on to the next generation. Although keeping the business in the family can be a fun and rewarding experience, running and growing a family-owned business comes with its challenges.  Conflicting views on business and family matters such as succession of power, rivalry, favouritism, and disposition of assets often can lead to…  Read more

Weekly Business Update – 9 September 2020

Welcome back to another weekly update. We hope you and your family are safe and coping well.  Here is this week’s update. Australia To Extend Bankruptcy Protection Rules Until End of 2020 Australia will extend its temporary insolvency and bankruptcy protection rules until the end of this year, providing businesses a lifeline to recover from the impacts of COVID-19. The rules, which were first introduced in March and originally due…  Read more

This Weeks Business Update – 3 September 2020

Welcome back to our Weekly Digest. We hope you and your family are safe and doing well. Read on for this week’s update. COVID-19 Cases Finally Dropped in Victoria to Seven-Week Low Victoria, the epicentre of Australia’s second wave of COVID-19 infections, has reported a significant drop in the number of new cases, reaching a near two-month low. This is good news as the total lockdown in Melbourne is set…  Read more

Has your business slowed down? Here are 5 tips to help you attract more leads

Finding your business through searches is no easy feast.  It is rare for people to find your business and become a client or customer without you letting them know you are here.  Your business has to grab people’s attention, turn visitors into leads and then convert those leads into sales. By attracting solid leads you have a greater chances of converting them to sales.  Solid leads are those contacts who…  Read more

4 Tips to Help Guide Your Businesses Through Uncertain Times

This pandemic has caught most of us off guard.  No one would have ever thought the world would spend the year battling a virus? This unprecedented global crisis is a reminder that these business threats are very real and act as a wake-up call for businesses leaders.  Even if the scenario may seem far-fetched, it pays to prepare for the worst. When a pandemic hits, businesses play a crucial role…  Read more

JobKeeper Extension Bill Introduced in Parliament

The JobKeeper Payments Amendment Bill was introduced in the House of Representatives on Wednesday 26th August. We appreciate your patience as we process these changes This Bill introduces the extension of the JobKeeper scheme that was announced last month. The proposed rate changes will see the current $1500 per fortnight payment drop to $1200 for full time workers. and $750 for those working less than 20 hours per week from…  Read more

This Weeks Business Update – 26 August 2020

Welcome back to our Weekly News Digest. We hope you and your family are safe and doing well. Read on for this week’s update. Daniel Andrew’s plan to extend State of Emergency to 18 months Victorian Premier Daniel Andrews has asked Parliament to give his government the power to extend the State of Emergency powers for a further 12 months making it a total of 18 months.  The state of…  Read more

JobKeeper Employee Eligibility Update

The ATO has released further guidance on the recent changes to the JobKeeper scheme in relation to the timing of an eligible employee. From JobKeeper fortnights commencing 3rd August, the key date for eligible employees has changed to 1 July. In the past, an employee had to be on the books as of the 1st of March in order to be eligible for the JobKeeper wage subsidy. This change is…  Read more

2 Peas Business News – 19 August 2020

Welcome back to our Weekly Digest. We hope you and your family are doing well. Read on for this week’s update. Cashflow Boost and JobKeeper Audits The ATO has announced that it will be actively conducting audits on the cashflow boost JobKeeper scheme. If you receive contact from the ATO to review your JobKeeper eligibility, you will be required to provide documentation as proof that you meet the eligibility criteria.…  Read more

A Business Recovery Guide for Pandemic Times

Many of you are trying to adjust to a new norm during this horrendous pandemic crisis.  It is not just a public health issue, but also it is also a a financial concern on a global scale. Small businesses are not strangers to the impacts of the pandemic. A survey conducted by the International Trade Centre  of 1,200 businesses in 109 countries between 20 April and 4 May, the pandemic…  Read more

Weekly Business Update – 13 August 2020

Welcome back to our Weekly Digest. We hope you and your family are safe and doing well. Read on for this week’s update. Australia Borders Remain Shut Prime Minister Scott Morrison announced that international border closures were unlikely to lift before Christmas, as the country reported a record single-day surge in COVID-19 deaths on Monday. However, drastic lockdown measures in Melbourne appear to be working, as the rate of daily…  Read more

Questions to ask yourself as your business tries to recover from the impact of COVID-19

As small business owners look to operations after COVID-19, there are some important business questions to ask yourself.  This will help you determine what adaptations you want to keep, whether your business model is working, and if there are additional changes you can make to keep your company operational through future economic downturns. It’s not always fun to do this sort of examination, but the answers to these questions will…  Read more

How to develop a marketing strategy in 8 easy steps

If you’re serious about getting the best value you can for your marketing budget, you’ll need to develop a plan.   Here are eight simple steps for making your marketing efforts that little bit more effective. 1. Get to know your customers Firstly, you need to identify your target market. You probably have an idea of who buys from you but make sure you: Define your target market in detail. Write…  Read more

Further JobKeeper changes expected

7th August 2020 You may have heard the news that Treasurer Josh Frydenberg has announced the government will expand the JobKeeper scheme again. This comes a few weeks after announcements of JobKeeper 2.0 to start at the end of September. Below is a roundup of what has been announced and what we expect to see, but please note that this is not legislated yet and is still subject to change.…  Read more