Road to resilience: business and economic recovery after COVID-19

As the pandemic unfolds, Australia is navigating its way through the next normal. With the second wave of COVID-19, some businesses are back in lockdown, while others are reopening. At PwC, we’re working to support businesses to build resilience through the next phase of the pandemic.

There are six key areas of focus:

Crisis management and recovery

Key issues business leaders should consider as they plan for recovery in the next phase of COVID-19.

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Workforce of the future

As we adapt to new ways of working beyond this pandemic, we need to address the areas affecting our people, such as returning to workplaces, collaboration and upskilling. 

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Returning to the workplace after COVID-19

 

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Operations and supply chain

The ripple effects of COVID-19 are widespread and hard to model and assess. But businesses can ease supply chain disruptions.

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Finance and liquidity

As business starts to resume and we adjust to a new normal, CFOs will be grappling with many questions. The Australian and global economic outlook will both have significant finance implications. Organisations will in particular have to focus on scenario planning as well as continuing to manage day-to-day operations and financial and regulatory reporting obligations.

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Tax and trade

As organisations build their resilience through the pandemic, there are a range of business continuity decisions around cash flow, workforce and supply chain being made that can trigger many tax compliance and tax governance considerations. 

Stay across the tax implications and business support updates as they develop with our live summaries and guidance.

Read more: Guidance on tax obligations and relief for businesses and individuals affected by COVID-19.

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Strategy and brand

As businesses begin to rebuild after COVID-19, strategies to recover stronger will come to play.

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Latest updates

 
  • Closed international borders have limited our access to skilled overseas workers. So upskilling Australia’s workforce is more urgent than ever. Gain insight into the Australian workforce of the future in our ‘Where next for skills?’ report.
  • As business leaders plan towards a post-pandemic era, they need to focus on redefining the experience of their people. This will help set their workforce up for the challenges ahead. Read more on Digital Pulse.
  • Head of People & Organisation, Peter Wheeler, and Director Christie Rall, discuss new skills and building a culture of trust in the post-COVID-19 workplace landscape.

Extensions for safe harbour protections

Man on public transport wearing mask covid-19

The government has extended safe harbour protections for directors until 31 December 2020. This means businesses can continue to have protection from insolvent trading liabilities. Find out why, what the implications are, and how you can plan to recover from COVID-19's impacts on your business below.

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Reimagining the education workforce in response to COVID-19

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We examine what the pandemic has meant for educators and how it may influence the future of the teacher workforce. Our analysis also outlines how the education sector can build resilience and develop sustainable continuity plans for crisis management.

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ATO guidance on transfer pricing in light of COVID-19

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23 August 2020 | PwC Global Tax Director, Edin Mahir, shares key transfer pricing considerations, including the treatment of government support and advanced pricing arrangements.

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Rick Crethar

Rick Crethar

Australian Global Crisis Centre Leader, PwC Australia

Tel: +61 2 8266 7809

Cassandra Michie

Cassandra Michie

Partner, PwC Australia

Tel: +61 2 8266 2774

Simon Gillies

Simon Gillies

Partner, Management Consulting Leader, PwC Australia

Tel: +61 3 8603 0754

Stephen  Longley

Stephen Longley

Partner, Deals, PwC Australia

Tel: +61 3 8603 3203

Sarah Butler

Sarah Butler

Partner, National Health Leader, PwC Australia

Tel: +61 2 8266 5091

Tom Bowden

Tom Bowden

Partner, Government and Public Sector, PwC Australia

Tel: +61 2 6271 3229

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