COVID19

COVID 19 Business Support

Connecting local business through this crisis

5 ways to slow the spread

Stay at home whenever possible

Wash your hands frequently

Cover your coughs & sneezes

Stay 1.5m away from each other

Avoid touching your face

Critical COVID -19 Information (Federal and State Government sources)

Federal COVID-19 Information

Australia.gov.au

This site is regularly updated to give you the latest Coronavirus news, updates and advice from government agencies across Australia.

Federal Treasury

See the Treasury’s Support for Business and Employers for all Federal financial support available for your business, including:

JobKeeper payment

Businesses significantly impacted by the Coronavirus outbreak will be able to access a subsidy from the Government to continue paying their employees. These businesses will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020.

Cash flow support for small and medium businesses

The Government is providing temporary cash flow support of up to $100,000 for eligible small and medium-sized businesses, and not-for-profits (NFPs) that employ staff to help with their cash flow so they can keep operating, pay their rent, electricity and other bills and retain staff.

Temporary r elief for financially distressed businesses

The ATO will tailor solutions for owners or directors of business that are currently struggling due to the Coronavirus, including temporary reduction of payments or deferrals, or withholding enforcement actions including Director Penalty Notices and wind-ups.

Increasing the instant asset write-off

The Government is increasing the instant asset write-off threshold from $30,000 to $150,000 and expanding access to include businesses with aggregated annual turnover of less than $500 million (up from $50 million) until 30 June 2020.

Backing business investment

The Government is providing a time limited 15 month investment incentive (through to 30 June 2021) to support business investment and economic growth over the short term, by accelerating depreciation deductions.

Supporting apprentices and trainees

To support small businesses to retain their apprentices and trainees, eligible businesses can apply for a wage subsidy of 50 per cent of the apprentice’s, or trainee’s wage paid during the 9 months from 1 January 2020 to 30 September 2020. Employers will be reimbursed up to a maximum of $21,000 per eligible apprentice or trainee ($7,000 per quarter).

Australian Tax Office (ATO)

Business.gov.au provides whole-of-government information support for the Australian business community. On this website you can find the latest news for businesses.

Support for sole traders

JobKeeper payment
Increased instant asset write off
Backing Business Investment
Increased and accelerated income support
Assistance for affected industries
SME Guarantee Scheme
Early access to superannuation

Support for companies

JobKeeper payment
Temporary relief for financially distressed businesses
Increased instant asset write off
Accelerated depreciation deductions
Increased and accelerated income support
Assistance for affected regions, communities and industries
Tax support
SME Guarantee Scheme

Fair Work Ombudsman

Find out about your workplace entitlements and obligations including information about stand downs from work, working arrangements impacted by school closures, and pay and sick leave entitlements.