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JobKeeper, stimulus package: Industry groups call for urgent support


Melbourne s Queen Victoria Market. Source: Unsplash/Linda Xu
Industry group leaders have appealed to the government for a boost in urgent support to businesses struggling under the current prolonged lockdowns in Sydney and Melbourne, with calls for the return of JobKeeper, leasing support, and a stimulus package. 
Government assistance is urgently needed for businesses in NSW and Victoria, according to the National Retail Association (NRA), Franchise Council of Australia (FCA), and Australian Convenience Stores Association (AACS).
The coalition of peak industry bodies released a statement on Thursday, saying businesses in Australia’s two largest states were ‘desperate’ for additional government support.  ....

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Open letter from business organisations seeking urgent action on debit payments


Open letter from business organisations seeking urgent action on debit payments
Source: Pexels/Karolina Grabowska.
Ten industry associations representing Australian SMEs have come together to pen this open letter to the federal government, demanding urgent action be taken to avoid higher transaction costs for Australian retailers. The letter is in response to the Reserve Bank of Australia (RBA) examining whether medium and smaller banks should be able to issue debits cards with one payment scheme on them, instead of two, such as Visa and eftpos. 
Australia’s debit payments system is at a critical juncture, and we need urgent action so hundreds of thousands of businesses do not face the cost burden of higher transaction fees in-store and online.  ....

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