6:41am 27 March 2020 – ACT Government expected to announce rental assistance package: The decision was meant to be unveiled on Tuesday, however it was delayed and is expected to be made today. Click here for more details.
10:46am 20 March 2020 – The ACT government has announced rates rebates, suspended fees and direct funding for arts and entertainment businesses, with a focus on sectors most likely to be affected by the Coronavirus. Click here to see how this impacts your business.
9:35pm 6 April 2020 – Proposed Coronavirus law to protect South Australian renters. Commercial and residential rent increases would be banned for six months. No action would be taken if a commercial tenant failed to pay rent or outgoings, or if a business did not open in the hours specified in a lease. Click here for more details.
11:01am 5 April 2020 – SA businesses whose employees qualify for the JobKeeper support payments will be exempt from paying any payroll tax on the wage subsidy. For further details, click here.
8:32am 26 March 2020 – SA Government announced $650 million rescue package: The package is aimed at saving South Australian jobs and supporting key industries. Premier Steven Marshall indicated the money is likely to be directed towards supporting local businesses. Click here to find out more.
9:22am 16 March 2020 – The SA Government are fast tracking the support of local jobs and businesses, with a $350 million stimulus package aimed at safeguarding the economy and protecting jobs. Click here to understand more.
4:43pm 8 April 2020 – NT Government announces $180 million Coronavirus rescue package. The initiative is aimed to keep Territorians in a job and help businesses stay afloat for the next six months. For further details, click here.
8:36pm 1 April 2020 – NT Government set for economic boost of $1 billion to buy time to keep its citizens healthy and in jobs, and businesses alive until the Coronavirus pandemic passes. The $50 million Small Business Survival Fund has received applications for grants from more than 260 local businesses and would start delivering its first payments this week. Click here to read more.
2:36pm 24 March 2020 – The NT Government pledged $50 million to help territory businesses survive the economic impacts of Coronavirus. The package is labelled the Small Business Survival Fund and is aimed to support industries such as hospitality, tourism and entertainment businesses. To learn how this affects your business, click here.
5:27pm 13 April 2020 – NSW Government has announced $440 million in relief for renters and landlords affected by Government-enforced Coronavirus restrictions. $220 million is allocated to shops, gyms, hairdressers and other businesses affected by COVID-19. For further details, click here.
9:02am 3 April 2020 – NSW Premier Gladys Berejiklian, Treasurer Dominic Perrottet and Minister for Finance and Small Business Damien Tudehope have announced that eligible small businesses across Australia will be receiving $10,000 in grants. Click here
5:15am 27 March 2020 – NSW Government to unveil $750 million stimulus package: The package is aimed at retaining and creating jobs as well as sustaining NSW businesses. The money will contribute to employing 1,000 extra staff for Service NSW, energy accounts assistance, additional tax relief and deferred rental payments for small commercial business and money allocated to charities and Lifeline. Click here to read more.
1:07pm 19 March 2020 - The VIC Government is working on a support package for hospitality businesses. This comes after the Governments ban on gatherings of 100 people or more, meaning some businesses are no longer viable to remain open. Find the latest on the government initiatives here.
4:31pm 31 March 2020 – WA Government has announced new relief package: The McGowan Government unveiled support for power and water bills, ensuring that no household or small to medium business will have their water or power shut off. Interest-free repayment plans will be made available under the scheme and there will be no late payment penalties for other government charges. Read more.
12:00pm 16 March 2020 – The WA Government has extended financial support for small and medium businesses with public sector workers including casuals accessing 20 days of Covid-19 leave. Learn more about this here.
2:01pm 24 March 2020 – The QLD Government announced a new $4 billion package in response to the crisis. Extending tax breaks for small to medium-sized businesses in a move to prevent significant job losses. For in-depth info on the package, click here.
2:40pm 27 March 2020 – The Federal Government has announced an economic hibernation: Policies are being developed to help businesses emerge after the Coronavirus crisis, and resume and rehire without crippling debts. Banks, lenders and landlords will all be asked to wear some of the pain, waiving all overheads like rent and mortgage repayments for six months. Click here for more.
1:22pm 25 March 2020 – The Government has increased and accelerated income support with expanded eligibility to income support payments and a new time limited Coronavirus supplement. This supplement will be paid to both new and existing eligible recipients. To view the eligible payment categories, click here.
8:52am 25 March 2020 – The Government is allowing individuals affected by Coronavirus to access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21. To read more about accessing superannuation, click here.
12:00pm 24 March 2020 – The Government has given six month relief to directors for any personal liability from trading while insolvent as part of its Covid-19 response package. The regulatory relief comes alongside further stimulus that bring the total announced so far by the government to 9.7 percent of GDP or $189bn over the forward estimates. Australian Institute of Company Directors has more to say here.
11:45am 22 March 2020 – Boosting cash flow: The Federal Government is providing up to $100,000 to eligible small and medium sized businesses, and not-for-profits (including charities) that employ people, with a minimum payment of $20,000. Click here to read more.
10:20am 22 March 2020 – $66 billion second stimulus package: The Federal government is set to unveil new measures including up to $100,000 for small businesses to keep their staff employed during the coronavirus crisis, and Commonwealth guarantee of unsecured loans of up to $250,000. Read more.
2:36pm 20 March 2020 – PM, Scott Morrison’s Coronavirus update: The Federal budget has been postponed from May to October. Small and medium-sized businesses including sole traders, will be the focus of the second stimulus package. To learn about how this impacts your business, click here.
11:08am 20 March 2020 – ABA relief for small business: The Australian Banking Association announced all small businesses who are impacted by Coronavirus will be entitled to a six-month deferral on all business loans. Read more here.
4:50pm 19 March 2020 – Second stimulus plan: The Treasurer has announced a second stimulus plan with an additional $15 billion investment enabling smaller lenders to continue supporting Australian consumers and small businesses.