eLanka

Tuesday, 23 Sep 2025
  • Home
  • Read History
  • Articles
    • eLanka Journalists
  • Events
  • Useful links
    • Obituaries
    • Seeking to Contact
    • eLanka Newsletters
    • eLanka Testimonials
    • Sri Lanka Newspapers
    • Sri Lanka TV LIVE
    • Sri Lanka Radio
    • eLanka Recepies
  • Gallery
  • Contact
Newsletter
  • eLanka Weddings
  • Property
  • eLanka Shop
  • Business Directory
eLankaeLanka
Font ResizerAa
Search
  • Home
  • Read History
  • Articles
    • eLanka Journalists
  • Events
  • Useful links
    • Obituaries
    • Seeking to Contact
    • eLanka Newsletters
    • eLanka Testimonials
    • Sri Lanka Newspapers
    • Sri Lanka TV LIVE
    • Sri Lanka Radio
    • eLanka Recepies
  • Gallery
  • Contact
Follow US
© 2005 – 2025 eLanka Pty Ltd. All Rights Reserved.
Home » Blog » Articles » ‘Business hibernation only option to save struggling businesses’
Articles

‘Business hibernation only option to save struggling businesses’

eLanka admin
Last updated: December 19, 2021 10:12 am
By
eLanka admin
ByeLanka admin
Follow:
Share
2 Min Read
SHARE

‘Business hibernation only option to save struggling businesses’

Source: Publicaccountant

The government is due to announce its third stimulus under which it will seek to “hibernate” businesses to help them re-establish and rehire once the coronavirus pandemic has passed.

Business hibernation

Addressing media on Friday, Prime Minister Scott Morrison said, “Part of that plan that we will be announcing will be to seek to hibernate Australian businesses.”

“We want these businesses to effectively go into hibernation, which means on the other side, the employees come back, the opportunities come back, the economy comes back,” he said.

More Read

Tea
Sri Lanka Sets $2.5 Billion Tea Export Target by 2030 with Boost in Production
The Bangkok Gems & Jewellery Fair – By Dr Harold Gunatillake
Anula Vidyalaya Alumni NSW & ACT Presents – Aradhana 2025
Sydney Expatriates Meet Dr. Harsha de Silva, MP and the Chairman of the Finance Committee of Sri Lanka Parliament

Applauding his announcement, the small business ombudsman Kate Carnell said that the only way for small businesses to survive the coming months is if they can effectively hit pause for the time being.

“For businesses to bounce back when this health crisis is over, they need a holiday from all costs that they incur during this extremely difficult period,” said Ms Carnell.

“Small businesses – including those that are forced to shut their doors as well as those who suffer a significant loss of income – should be able to go into business hibernation.”

More Read

MOVA Partners with FILMBASE to Bring Next-Generation Smart Glass & LED Film Solutions to Sri Lanka
Sri Lanka hosts the Asia Pacific Motorsport Championship 2025!
eLanka Newsletter -21st September 2025 – 3rd Edition – Sri Lankans In Australia
Foods that can naturally support better sleep

The details of the government’s business hibernation plan are still being considered.

Landlords, utility and service providers, telecommunications and all levels of government are expected to their part to help by putting their fees and charges on hold.

“Part of this needs to be a wage subsidy for staff that remain attached to the business. Those staff would need to be paid at least 60 per cent of their wage up to a maximum monthly amount. This of course would need a minimum safety net built in,” Ms Carnell suggested.

“We are at a critical tipping point, but we can get through this if we work together.”

The Prime Minister is expected to make further announcements over the coming days.

 

More Read

Fabulous Sri Lankan fare and great music makes the Springvale RSL the place to be. By Trevine Rodrigo in Melbourne.
Watch Asia Cup 2025 (T20) Sri Lanka Cricket Match Highlights
Penetrating Sri Lanka: Foreign Enclaves & Global Powers-by Dr Asoka Bandarage
A Ripping & Gripping Cricketing Fight: Lanka vs Afghanistan-by Michael Roberts
TAGGED:Business hibernationCarnell suggestedPrime Minister
Share This Article
Email Copy Link Print
Previous Article Mental health in a roving workforce
Next Article Covid19_USE The new JobKeeper wage subsidy package
FacebookLike
YoutubeSubscribe
LinkedInFollow
Most Read
10 Pictures With Fascinating Stories Behind Them!

“A PICTURE SPEAKS A 1000 WORDS” – By Des Kelly

Look past your thoughts so you may drink the pure nectar of this moment

A Life Hack for when we’re Burnt Out & Broken Down – By Uma Panch

Narration of the History of our Proud Ancestral (Orang Jawa) Heritage. by Noor R. Rahim

eLanka Weddings

eLanka Marriage Proposals

Noel News

Noel News

Noel News

Noel News- By Noel Whittaker

EILEEN MARY SIBELLE DE SILVA (nee DISSANAYAKE) – 29 September 1922 – 6 April 2018 – A Woman of Value an Appreciation written by Mohini Gunasekera

K.K.S. Cement Factory

Dr.Harold Gunatillake’s 90th Birthday party

Sri Lanka's women's cricket squad in Melbourne

Cricket: Sri Lanka’s women’s squad in Melbourne

- Advertisement -
Ad image
Related News
The Brad and Kiara Show Sept 20
Articles The Brad and Kiara Show - Sydney

The Brad and Kiara Show Sept 20

Articles

Zahira College’s 11th Colombo Scout Group Unites Over 700 Scouts at Jamboree 2025 Celebrating 110 Years of Scouting Excellence

Cultural Reflections
Articles Bhanuka Nuwan

Cultural Reflections: Relics, Rituals, and the Meditation on a Passing Era – by Bhanuka – eLanka

Balancing Growth and Burdens The Economic Challenges Ahead for Sri Lanka - By Nadeeka - eLanka (1)
Articles Nadeeka Kumari

Balancing Growth and Burdens: The Economic Challenges Ahead for Sri Lanka – By Nadeeka – eLanka

SUNDAY CHOICE - Jesus, keep me near the Cross -A message for Lent - By Charles Schokman - eLanka
Articles Charles Schokman

SUNDAY CHOICE – Yet not I, but through Christ in me – by Charles Schokman

  • Quick Links:
  • Articles
  • DESMOND KELLY
  • Dr Harold Gunatillake
  • English Videos
  • Sri Lanka
  • Sinhala Videos
  • eLanka Newsletters
  • Obituaries
  • Tamil Videos
  • Dr. Harold Gunatillake
  • Sunil Thenabadu
  • Sinhala Movies
  • Trevine Rodrigo
  • Michael Roberts
  • Photos

eLanka

Your Trusted Source for News & Community Stories: Stay connected with reliable updates, inspiring features, and breaking news. From politics and technology to culture, lifestyle, and events, eLanka brings you stories that matter — keeping you informed, engaged, and connected 24/7.
Kerrie road, Oatlands , NSW 2117 , Australia.
Email : info@eLanka.com.au / rasangivjes@gmail.com.
WhatsApp : +61402905275 / +94775882546

(c) 2005 – 2025 eLanka Pty Ltd. All Rights Reserved.