MENTORED BLOG

April 8, 2020 Over 55,000 people have signed a petition to push delivery giants to slash their commission, to allow greater margins for local businesses in the hospitality industry. Ben Fordham initiated the campaign to have delivery giants halve their commission during the coronavirus pandemic. The petition says, "Food delivery giants like Uber Eats, Deliveroo, Menulog and DoorDash charge Australian restaurants and cafes up to 35% commission on every order." "With Australians increasingly staying at home instead of eating out because of [...]

April 6, 2020. Paying the bills can be a major concern during a crisis and it begs the question, what happens if you can't pay your rent? The federal government has made moves that will hopefully provide some relief for many tenants in the commercial AND residential sector, by preventing landlords from evicting tenants over the next few months. It has to be stated clearly that no state or territory, at the time of writing, has officially enacted legislation providing for a [...]

March 31, 2020. JobKeeper Allowance - Government announces measures to help employers retain staff On 30 March, the Government announced a $130 billion package, including the JobKeeper Payment to help keep Australians in jobs as the nation deals with the significant economic impacts from the COVID19.  Under the JobKeeper Payment, businesses significantly impacted by the COVID19 outbreak will be able to access a subsidy from the Government to continue paying their employees.  The Government will provide $1,500 per fortnight per employee for [...]

Updated March 31, 2020 Mark Bouris analyses the government's wage subsidy plan to tackle the economic impact of COVID-19 in Australia The latest measure, known as the JOB KEEPER payment, is designed to help businesses affected by the Coronavirus and the resulting economic impacts, to cover the costs of their employees’ wages, so that more employees can retain their job and continue to earn an income. Read all about the latest COVID19 response measures at our dedicated page - HERE [...]

In the past three decades, I have worked through some of my clients’ toughest times and without a doubt this situation is unprecedented. How to communicate the right messages in a time of crisis - by Meg Purser, from Purser Communications. It is not uncommon when a crisis arises that the reaction of many businesses is to hunker down and hope that somehow it will all go away. It is equally not uncommon that businesses that generally have professional communicators in-house or on [...]

Mark Bouris walks you through the various options that you need to be considering when it comes to organising your finances in this difficult COVID19 period. Mark said: "What you need to be doing right now in business and for your self or your family is sit down and sort out your finances. Sort out your revenue - understand and prepare how much you're going to be earning in this next period. Write it down. Manage and understand your expenses - what [...]

Mark Bouris spoke with the Today Show regarding the recent government announcements on the Coronavirus pandemic. The Federal Government updated their stimulus package which could be a lifeline to keep struggling businesses open. Mark told the Today Show: ‘It’s a pretty good deal in terms of funding - you wish you'd been able to get that a year ago'  He said the loans in effect paid the income tax of each employee, allowing businesses to cut expenses and reduce catastrophic job losses. [...]

Stress, anxiety, fear is encompassing our world right now. A Pandemic fraught with uncertainty. People are wiping shelves clear, brawls over grocery items, streets are bare, and businesses are suffering. Some schools are closed, some are not, some messages are clear, some are confusing and Australian families are taking a heavy blow. By Dr Emmanuella, March 23, 2020. How are we to cope? We all cope differently and there are many reasons why – how in control we feel, personality, how we [...]