AES Newsletter

Searching for posts in the month of: March 2020

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Thumbnail for Conference and Event Cancellations Call for Cashflow Evaluation

Tuesday March 24, 2020

In the wake of COVID-19, many events across the world have been cancelled or postponed in an attempt to mitigate the spread of the virus. If your association or not-for-profit had its annual conference, member events, or training courses coming up, you have likely cancelled these events by now. With many associations relying on the profits from their annual conference to deliver their services for next 12 months, the impact on both cashflow and an association’s bottom-line can be serious. We spoke ...
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Thumbnail for How the Government Stimulus Package Applies to Associations

Tuesday March 24, 2020

Amid mounting concerns over the economic fall-out that will be caused by COVID-19, the Federal Government has announced several measures to help Australian businesses. On Sunday 22 March, Prime Minister Morrison released a second $66.1 billion stimulus package designed to help boost income support payments, introduce changes to superannuation, and provide cash flow support payments of up to $100,000 for small business employers. Some of these measures are available to not-for-profit entities.    If your association is experiencing financial hardship, we encourage ...
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Thumbnail for Regulatory and Legal Protections for Associations

Tuesday March 24, 2020

On 23 March, the Government introduced the Coronavirus Economic Response Package Omnibus Bill 2020, which was fast-tracked through parliament in response to growing concerns around COVID-19. The legislation is designed to help lessen the economic threats that otherwise healthy companies and entities are currently experiencing in a bid to reduce the closure of businesses, associations and charities alike. The Bill outlines measures such as temporary relief from insolvent trading liability, increased thresholds for winding up and bankruptcy procedures, and protections from ...
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Wednesday March 11, 2020

The spread of a novel strain of coronavirus (COVID-19) is already proving to have huge global implications. As the COVID-19 situation continues to evolve and develop, it is imperative that associations—as employers—take into careful consideration the legal obligations they have for their employees regarding work, health and safety, and risk mitigation. In particular, employers must provide their staff with advice and management actions that are clear, relevant, timely and accurate in order to reduce panic and distress, minimise absenteeism and facilitate ...
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Thumbnail for Risk Management & Business Continuity in the Face of Coronavirus

Wednesday March 11, 2020

As the novel coronavirus – COVID-19 – situation continues to develop and emerge, it is becoming increasingly apparent that it would be wise for businesses and associations to implement risk management plans in order to reduce business losses, minimise recovery time and generally improve business continuity. Furthermore, according to Work Health and Safety (WHS) laws, workplaces are obliged to provide their employees with, within what is reasonably practicable, a risk-free work environment or take precautions to mitigate or eradicate risks. When planning ...
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Thumbnail for Coronavirus: The Impact on Association Events

Wednesday March 11, 2020

In the wake of COVID-19, many events across the world are being cancelled or postponed in an attempt to mitigate the spread of the virus. If your association has an event coming up, you might be thinking about cancelling it or postponing it. However, whether you decide to go ahead with the event or not, it is prudent to understand the implications of either decision. In particular, the legal implications associated with both proceeding with the event and cancelling it should ...
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