Improvement helped by tax deferrals. Paid ATO $190000 last quarter and expect to pay $880000 in current quarter. Plus slightly higher staff costs expected due I guess to deferral of $80000 in monthly payroll tax from last quarter. So I assume payroll tax will also rise from $160000 last quarter to $320000 this quarter.
If revenue remains the same at $7.4 million, costs rise to $7.2 million so outcome depends on net impact of covid on revenue in the current quarter.
Ann: Appendix 4C - quarterly, page-4
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