Widespread reports of COVID-19 malicious cyber scams 

·        SA Government support package for business 

·        BDO Free Webinar on tax stimulus and SME’s (link below)

·        Mental Health during COVID19

·        Special condition update

Yesterday we provided some information regarding cyber-security and working from home. Sadly, this situation seems to be becoming more prevalent and sophisticated.

I cannot stress how important it is to ensure your systems are appropriately maintained and you are diligent in maintaining your security practices – don’t take instructions as to bank accounts via email (and don’t provide them this way either), don’t open emails or telephone messages that look unusual or are unsolicited.

What’s happened?

The Australian Cyber Security Centre (ACSC) is aware of a significant increase in Australians being targeted with COVID-19 related scams and phishing emails.

In the last three months, the ACSC and the Australian Competition and the Consumer Commission’s (ACCC) Scamwatch have received over 140 reports from individuals and businesses across Australia.

These phishing emails are often sophisticated, preying on people’s desire for information and imitating trusted and well-known organisations or government agencies.

To read more about these scams and to set up an alert please go to Staysmartonline.

AustCyber’s guide to maintaining cyber security at home (provided by Small Business Commissioner)

For businesses working with sensitive, confidential or private information (and that’s most of us), working from home can present new cyber security issues.

If you’re concerned, check out AustCyber’s advice here. Basic tips include:

·        Use a reputable VPN and password manager

·        Help staff change the default password on their home router

Warn your workforce about the prevalence of COVID-19 scams and phishing attempts. If in doubt, don’t click.

Support for businesses, jobs & the community impacted by COVID-19

In response to the COVID-19 pandemic and its significant impact on local businesses, industry sectors and jobs, the South Australian Government has announced a second economic stimulus package – the Jobs Rescue Package, worth $650 million – that will provide immediate financial support and relief to those most affected.

For more information about the support measures and a link to apply for support please click HERE.

The AICSA has written to the Premier (and Treasurer) requesting relief from the payment of registration fees and trust account audit requirements. We have also spoken to the Registrar-General regarding payment options for SAILIS accounts.

If there is are any matters we can lobby government on with respect to your business please reach out and let us know.

Other helpful websites relating to the Federal and State stimulus measures are (click on dot point):

·        Revenue SA

·        Small Business Commissioner

·        Business SA

·        SA Government – Supporting Business in South Australia

BDO – Free Webinar
Tax stimulus and best approaches for South Australian SME’s

There have been many announcements over the past week about additional stimulus measures from both the Australian and South Australian governments.

Join BDO National Leader Business Services Partner Matt Laming and Corporate Finance Partner David Fechner as they step through what you need to know and explain the important aspects for you to focus on to stay well informed of what is happening in your business.

Matt and David will outline the Federal and State stimulus measures, detailing their practical application. They will also outline the impact on certain sectors and how to make the most of what’s available.

They will detail the bank assistance available and how to manage the conversation with your bank.

Finally, they will discuss relevant legislation changes, and how to proactively take action.

Date
Monday 30 March
12.00pm – 12.45pm

REGISTER HERE

Can’t attend live on the day?
Register to receive the recorded webinar within 24 hours of the session.

Safeguard your mental health

I know I have been feeling fairly flat over the last couple of week. A mixture of anxiety, frustration, fear and grief. I will be honest there has been the odd meltdown – not knowing the answer to my questions or where we are heading is really stressful and I doubt I am on my own.

As such, I can’t stress to you enough how important it is to speak with each other, support one another and seek assistance when you need it.

Beyond Blue has put together a guide for taking care of yourself during this challenging time. Their sound advice includes:

·        Try to maintain perspective

·        Access reliable sources of information

·        Maintain a healthy lifestyle from home

·        Seek support if needed

Full guide: Beyond Blue.

Contract Special Conditions

Melissa Hayward from Your Choice Conveyancing kindly suggested a small amendment to clause 4.5 (d) to add the following words: ‘arriving in South Australia after 4.00pm on Tuesday 24 March 2020‘ – the amended clause can be accessed by clicking here.

Thanks Melissa!

AICSA Members ‘Chin wag without a Snag

Next Thursday we will host our first lunchtime catch up ‘Chin wag without a Snag‘. Given the ever-changing landscape and exceptional circumstances we all find ourselves in, we are focused on connecting our members now more than ever. It’s important to share how conveyancers are navigating this new landscape and offer help and advice to each other where we can.

Our virtual ‘Chin wag’s’ will continue weekly and will take place on Thursdays at 12pm.

To attend this meeting, please see details below:

Meeting: Chin Wag without a snag!
Date: Thursday 2nd April
Time: 12noon – 1pm
Join by computer, tablet or smartphone: https://global.gotomeeting.com/join/838544685
Join by LandLine or Mobile: Tel:  02 8355 1038
Access Code: 838544685

Enjoy your weekend!

Kind regards

Rebecca Hayes
Chief Executive Officer