First major tranche of $10k emergency cash grants flow to small businesses

More than 1000 small businesses and not-for-profits impacted by COVID-19 restrictions will receive a one-off $10,000 emergency cash grant this week – some as early as today – as part of the Marshall Liberal Government’s strong plan to sustain jobs and local businesses throughout the economic crisis. Restaurants, cafes, gyms and fitness studios, beauty salons, homewares stores, hairdressers and dentists…

Landlords and tenants benefit from extra $50m in land tax relief

Residential and SME commercial tenants – including gyms, restaurants, cafes, beauty salons and hairdressers – suffering significantly as a result of COVID-19 restrictions will benefit from immediate rent reductions as part of a sweeping land tax relief package for their landlords, announced today by the Marshall Liberal Government. The State Government is providing approximately $50…

JobKeeper payments exempt from payroll tax

South Australian businesses whose employees qualify for the Federal Government’s historic $1500-a-fortnight JobKeeper support payments will be exempt from paying any payroll tax on the wage subsidy, the Marshall Liberal Government has announced. Under existing laws, the JobKeeper payment – part of the Commonwealth’s $130 billion stimulus measure to keep eligible businesses connected with their…

Pubs, clubs and Adelaide Oval benefit from Government’s Jobs Rescue Package

SA’s pubs and clubs, the casino and the Adelaide Oval Stadium Management Authority (SMA) are amongst the first organisations to benefit immediately from funding provided under the Marshall Liberal Government’s $650m Jobs Rescue Package, designed to help save local jobs and industry in the wake of the coronavirus crisis. Each of these businesses have been hit hard by the impacts…

Supermarkets granted 24-hour weekday trade option and extended weekends in response to Coronavirus

South Australians will have greater choice and flexibility when it comes to their supermarket shopping hours, with the Marshall Liberal Government granting an exemption to allow 24-hour weekday trading to help alleviate pressures due to the Coronavirus. As part of the exemption, granted under the Shop Trading Hours Act 1977, all supermarkets and other non-exempt shops will also be able to…

Another big GST budget blow

The final report of the independent Commonwealth Grants Commission, released yesterday, will result in a massive GST cut to South Australia of about $2 billion over 4 years compared with GST estimates included in last year’s State Budget. This report would mean a $166m cut to GST this year, and a massive $689m cut next year. Treasurer Rob…

Shop trading exemption granted in Millicent for Easter Saturday and Geltwood Festival Market Day to cater for influx of tourists

Millicent retailers will be able to trade on Easter Saturday and Geltwood Festival Market Day to capitalise on an influx of visitors and tourists to the region after the State Government once again granted a special exemption under existing shop trading laws. Treasurer Rob Lucas granted the exemption to the Millicent Proclaimed Shopping District under…

New fund manager appointed for SA Venture Capital Fund

The Marshall Liberal Government has announced Artesian Venture Partners has been appointed as the new venture capital fund manager to oversee investments of the $50 million SA Venture Capital Fund (SAVCF). The appointment of Artesian Venture Partners was recommended by the independent SAVCF Management Committee, chaired by respected businessman Raymond Spencer. This committee considered an…