As part of a $1.7 billion economic survival package, the Victorian Government has announced $500 million to establish a Business Support
Fund to assist small to medium businesses most impacted by the COVID-19 outbreak.
In Summary
Treasury has released exposure draft legislation for Payday Super that will require employers to pay superannuation at around the same time as salary and wages are paid to the employee. The changes are proposed to commence from 1 July 2026.