Government Financial Support  - covid-19

We have created a government support list that is available to fight the impact of the covid-19. The list isn't complete but hopefully will assist businesses and individuals to find the right support. We will update this regularly.

  Affected by Covid-19

• Carers
• Families
• Indigenous Australians
• Job seekers
• Older Australians
• People with disability
• Rural & Remote
• Students & Trainees
• People who don't get a payment from us

      Further information: Australian Government Website

   ATO Support

• Early access to your superannuation
• Reducing superannuation minimum drawdown rates
• Small to Medium business cash flow boost - up to $50K
• Small to Medium business additional cash flow boost - up to $50K
• Changing your GST reporting cycle
• Vary pay as you go instalments
• Payment deferrals
• Remitting interest and penalties
• Increase the instant asset write off

     Further information: ATO Website

   Business      

     Business Loans

• Coronavirus SME Guarantee Scheme
• Quick & efficient access to credit for small businesses
• Supporting the flow and reducing the cost of credit - Reserve bank
•  Small Lenders Support

     Further Information: Business website

     Creditors Relief

• Temporary higher thresholds and more time to respond to demands from creditors
• Temporary relief from directors' personal liability for trading while insolvent
• ASIC has the power to offer relief from some provisions or take no action for not complying with some provision

     Further information: Business Website

    Business Apprentice Support

    Further Information: Business Website

• Payroll tax relief
• Payroll tax threshold for 2020-2021 limit increase to $1 million
• Waive of fees & charges
• Bring forward $250 on public assets maintenance
• $500 million to bring forward capital works

     Further information: NSW Governemnt Webite

• Payroll tax relief
• Payroll tax deferral 
• Tenants in government buildings can apply for rent relief
• $500 million Business Support Fund
• Government to pay all outstanding supplier invoices within 5 business days
• $500 million Working for Victoria Fund

     Further information: Vic Government

• $2.5 billion for workers and industry support packages
• Payroll tax relief
• Industry Support Packages
• Other Support for Business
• $300 million for households
• $1.2 billion for health

    Further information: Qld Government

• $350 million Stimulus Package
• $15 million local hospital upgrades

     Further information: SA Website

• $50 million to create jobs

    Further information: SA Website

• Payroll tax relief
• Payroll tax deferral
• $607 million households and small business support
• $402 million to freeze household fees and charges until at least 1/7/20
• Energy Assistance Payments

     Further information: WA Website

• $420 million Package
• Household assistances
• Assistance for small business
• Assistance of Local Government

     Further information: Tasmania

• Jobs Rescue & Recovery Package
• Home Improvement Scheme
• Business IMprovement Grant
• Immediate Work Grant
• Small Business Survival Fund
• Payroll Tax

     Further Information: NT Website