The Government is making a number of changes to temporary visa holder arrangements during the coronavirus crisis in order to protect the health and livelihoods of Australians, support critical industries, and assist with the rapid recovery post the virus.
Key information for businesses in Australia.
Madison Marcus' experts are closely monitoring developments during the COVID-19 Crisis and how they will impact our clients. We have summarised the key legislative developments that have occurred this week, 23-27 March 2020.
National: 2:40pm 27 March 2020 - Confirmed cases: There are now 532,224 confirmed cases of Coronavirus (COVID-19) worldwide, with at least 3,050 confirmed cases in Australia. We will continue to provide advice as developments arise. 2:40pm 27 March 2020 – The Federal Government has announced an economic hibernation: Policies are being developed to help businesses emerge after the Coronavirus crisis without crippling debts. For more details click here. 6:34am 27 March 2020 – Australia backs $7.5 trillion plan to kickstart global economy: Australia and other G20 nations have committed to co-ordinate efforts to tackle the Coronavirus pandemic. To read more about the virtual summit, click here. NSW: 5:15am 27 March 2020 – NSW Government to unveil $750 million stimulus package: The package is aimed at retaining and creating jobs as well as sustaining NSW businesses. The money will contribute to employing 1,000 extra staff for Service NSW, energy accounts assistance, additional tax relief and deferred rental payments for small commercial business and money allocated to charities and Lifeline. Click here to read more.