There are financial grants and other assistance programs being put together by the state and federal governments. Here’s where you can find out more.
The Australian Government is offering temporary relief for financially distressed businesses. It has also increased the instant asset write-off threshold and introduced a business investment incentive to support economic growth. Read more here.
The government has also announced a JobKeeper payment which is intended to provide wage subsidies to businesses that are significantly affected by COVID-19. Read more here.
We recommend keeping up to date with all COVID-19 developments through the app. Download it here.
Small to medium business can apply for a one-off grant of $17,500, payroll tax relief and deferred 2019-2020 payroll taxes. Read more here.
Similar to WA, the NSW government is offering a deferral of payroll tax, parking space levies and commercial rental payments. It has also created a $1 billion Working for NSW fund to help support businesses. Read more here.