Succession planning is an essential aspect of managing an Australian business, particularly for small and medium-sized enterprises and family businesses.  In this edition of our Business Lifecycle Series we share the benefits of succession planning and how we can help.

The SME loan recovery scheme has been extended for a further six months to 30 June 2022 (from 31 December 2021). Under the extended scheme, the amount guaranteed by the Government will reduce to 50% (previously 80%) from 1 January 2022 – 30 June 2022.