SDG Detail

3 keys to improving the mental health of SMEs in financial distress

Initiative

Project description

The mental health of small business owners is suffering amid the COVID-19 pandemic, but research linking financial wellbeing and poor tax health offers vital insights to improving the outlook for SMEs, says UNSW Business School's Ann Kayis-Kumar. Since the outbreak of coronavirus, the government has announced several stimulus and relief packages, designed to sustain small businesses through the pandemic and keep employees in work. But the government has also been adamant that such measures � including expanded eligibility for JobSeeker payments for sole traders, JobKeeper payments and greater leniency for insolvency and bankruptcy � are only temporary.

Project aims

Project outcome

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