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The Small Business Super Business Newsreel by the Nationwide Super team. December 2020 edition - bringing you up to date with our latest news for the year.
For this update, we're going to start by looking at our response to the COVID-19 pandemic and then go through the key take-outs for super from the recent Federal Budget.
In May of this year, an estimated 66 percent of Australian small- and medium-sized businesses said that they were worried Australia would soon face a recession. And while Australia was the only major country to dodge the 2008 global recession, Australia's small businesses were right to be worried this time around.