| Boosting cashflow for employers |
Temporary cash flow boosts will support small and medium businesses and not-for-profit organisations during the economic downturn associated with COVID-19. |
Check website |
https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/In-detail/Boosting-cash-flow-for-employers/ |
| Instant asset write-off for eligible businesses |
Under the instant asset write-off, eligible businesses can claim an immediate deduction for the business portion of the cost of an asset in the year the asset is first used, or installed ready for use. |
Check website |
https://www.ato.gov.au/Business/Depreciation-and-capital-expenses-and-allowances/Simpler-depreciation-for-small-business/Instant-asset-write-off/ |
| Support for immediate cash flow needs for SMEs |
The Scheme will guarantee up to $40 billion of new lending. This will provide businesses with funding to meet cash flow needs, by further enhancing lenders’ willingness and ability to provide credit. |
Phase 1 - Ends 30 September 2020. Phase 2 - starts on the 1 October 2020 until 30 June 2021 |
https://treasury.gov.au/coronavirus/business-investment |
| Export and Regional Wine Support Package |
Wine producers may be eligible for up to $25,000 towardsreimbursement for the cost of promotional activities inanyexport market, |
Closes 30 June 2021 |
https://www.wineaustralia.com/whats-happening/export-and-regional-wine-support-package/grants |
| Restart Investment to Sustain and Expand (RISE) Fund |
The program is targeting funding towards the arts and entertainment sector organisations who are seeking to restart, re-imagine or create new activities. The program is intended to assist by providing finance to assist the presentation of new or re-shaped cultural and creative activities and events. |
Closes 31 May 2021 |
https://www.arts.gov.au/funding-and-support/rise-fund |
| Dairy Farm Induction Program |
As an employer, you will need to allow adequate time for yourself or a supervisor / manager toensure new employees receive appropriate induction training and support, including all aspects of a workplace health and safety induction on the farm. |
N/A |
https://thepeopleindairy.org.au/recruitment/ |
| Rural Financial Counselling Service |
Mental health support for regional businesses. |
Closes 30 June 2021 |
https://www.agriculture.gov.au/ag-farm-food/drought/assistance/rural-financial-counselling-service/smallbusiness |
| Early access to superannuation |
Eligible citizens and permanent residents of Australia and New Zealand can apply to access up to $10,000 of their superannuation between 1 July 2020 and 31 December 2020. |
Closes 31 December 2020 |
https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/early-access-to-superannuation |
| Community Engagement Grants Program |
The Community Engagement Grants Program (CEG Program) provides funding to not-for-profit organisations to deliver services that are separate and additional to the Fair Work Ombudsman’s (FWO) statutory functions. |
Closes 24 September 2020 |
https://www.grants.gov.au/?event=public.GO.show&GOUUID=CAC3E529-A940-7C27-6865D9756EF0F4D3 |
| Temporary relief for financially distressed businesses |
A temporary increase to the threshold at which creditors can issue a statutory demand on a company and the time companies have to respond to statutory demands they receive. |
Ends 31 December 2020 |
https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/temporary-relief-for-financially-distressed-businesses |
| Support for sole traders |
The Australian Government has announced measures to support businesses impacted by the coronavirus (COVID-19). If you're a sole trader, learn what your business can get and where to go for help. |
Check website |
https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/coronavirus-support-for-sole-traders |
| Government assistance for business |
Find government financial assistance and support for your business. |
Check website |
https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/government-assistance-for-business |
| State and territory information, grants and assistance |
Learn about the grants or online events delivered by your state or territory and where you can go to find more coronavirus assistance. |
Check website |
https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/coronavirus-state-and-territory-information-and-assistance |
| JobKeeper Payment |
If your business is affected by the coronavirus (COVID-19), you may be eligible to access the JobKeeper Payment to help you to continue paying your employees or yourself if you are a sole trader. |
Check website |
https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/jobkeeper-payment |