Australian Government Announcements and Assistance

With both our State and Federal Governments releasing some support packages to help. Whilst, we have been seeing these released within the media, I thought it is important to share with you an email that I have received in which summarises the support packages and important facts of what is available.

 

With both our State and Federal Governments releasing some support packages to help. Whilst, we have been seeing these released within the media, this summarises the support packages and important facts of what is available.

 

This blog contains information from both the Queensland and Australian Governments, please continue to check to remain up to date. (Tip - save web links to your browser) I also highly recommend you download the Government App ( Coronavirus) available for both Apple Iphones and Android phones through their respective app stores.

 

We also highly recommend you discussing your individual situation with your financial adviser and/or your accountant.

 

Australian Government Latest Announcements and Assistance

 

Access the Australian Government’s website to see the very latest COVID-19 news, updates and advice from GovernmentThe website contains information such as but not limited to:-

 

§ Key updates

§ Health and prevention

§ Receiving Financial Support – Australian Government Economic Response to COVID-19

§ Information for Businesses, Employees and Jobseekers

§ Help from other Government agencies

 

The Australian Government has set up a team of dedicated customer representatives to explain the Australian Government assistance available to business. Talk over the phone, live chat or email 8am – 8pm across Australia through their Coronavirus business support service.

 

Phone: 13 28 46;

Email : Send email to Coronavirus business support

 

Australian Government Support for Small Businesses and Industry - The Australian Government is supporting Australian businesses to manage cash flow challenges and retain employees.

 

 

Queensland Government Industry Recovery Package

Access the Business Queensland website to see the very latest COVID-19 news, updates and advice from Queensland Government . The Queensland Government’s industry recovery package contains a range of initiatives www.qld.gov.au/about/industry-recovery

 

Queensland Government Support for Small Business and Industry includes but is not limited to:-

 

  • Payroll tax relief package: includes a range of payroll tax relief measures including refunds of payroll tax and payroll tax holiday and deferrals. A portal has been established on the Business Queensland website for businesses to apply for payroll tax relief.
  • Small and medium business power bill relief: Small and medium businesses may be eligible for $500 rebate off their energy bill.
  • Rent relief: for small businesses who rent premises from the state government.
  • Liquor licensing: The Queensland Government COVID-19 economic relief package includes the waiving of 2020–21 liquor licencing fees.
  • QRIDA Jobs Support Loans – This scheme is for Queensland businesses and non-profit organisations financially affected by COVID-19. Eligible business types include sole traders, partnerships, private and public companies and Trusts.
  • Business Mentoring Assistance - Mentoring for Growth: The Mentoring for Growth program has mentors ready to connect with impacted small businesses and may be able to provide tailored support including financial mentoring and business planning.
  • Financial Resilience Workshops:Delivered by TAFE Queensland, workshops will provide you with practical tools and skills to build business resilience. You will also have an opportunity to connect and network with other small businesses facing similar issues.
  • Market Diversification and Resilience Grants: To help develop alternative markets food and fishing exporters and critical supply chain partners.

 

Please Note:

If you have not already, businesses are invited to complete an online Business Impact Evaluationso the State Government can fully capture the actual impact to small business at this point of time.

Also contact your Regional Local Government Authority for latest grants and support.

 

Other Useful Information that may be of assistance to you:-

 

 

Additional Wellbeing and Support Information

 

 

Please note that all of the latest updates are available on the Business Queensland website and it is suggested that you regularly visit this site to stay in touch with the most up to date information.

 

Stay safe and take care

 

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