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Coronavirus (Covid 19) Update

Read latest updates on our response to the novel coronavirus (COVID-19) situation.

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Financial assistance

Federal

JobKeeper payment
The Government has announced a $130 billion JobKeeper payment to help keep more Australians in jobs and support businesses affected by the significant economic impact caused by the Coronavirus.

https://treasury.gov.au/coronavirus/jobkeeper

Support available 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.
https://www.business.gov.au/risk-management/emergency-management/coronav...

Support available for employers
The Australian Government has announced measures to support businesses impacted by the coronavirus (COVID-19). If you're an employer, learn what your business can get and where to go for help.
https://www.business.gov.au/risk-management/emergency-management/coronav...

Support available for companies
The Australian Government has announced measures to support businesses impacted by the coronavirus (COVID-19). If you run a company, learn what your business can get and where to go for help.
https://www.business.gov.au/risk-management/emergency-management/coronav...

ATO support available
https://www.ato.gov.au/Individuals/Dealing-with-disasters/In-detail/Spec...
 
FAQs from the ATO about COVID-19

https://www.ato.gov.au/Individuals/Dealing-with-disasters/In-detail/Spec...
 
Stimulus payments for households:
https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Assistanc...
 
CPA information about COVID-19 impacts
Including
high level tips, Detailed summary of potential actions, Example worksheet - List of potential implications, example checklist-Contingency plan
https://www.cpaaustralia.com.au/training-and-events/coronavirus-impact

A fact sheet by The Treasury with an overview of support available for businesses experiencing financial distress due to COVID-19.
https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Providing...

Victoria

Support for small businesses facing difficulties paying rent:
https://www.vsbc.vic.gov.au/news-publication/our-mediation-service-and-d...

Economic Survival and Jobs Package
As part of a $1.7 billion economic survival package, the Victorian Government has announced $500 million to establish a Business Support Fund to assist small to medium businesses most impacted by the COVID-19 outbreak.
https://www.business.vic.gov.au/disputes-disasters-and-succession-planning

The Victorian Government has established an economic survival package to support Victorian businesses and workers through the devastating impacts of the COVID-19 pandemic.
 https://www.business.vic.gov.au/__data/assets/pdf_file/0005/1888997/Econ...

Business Support Fund applications open

The Victorian Government has launched the $500 million Business Support Fund to support small businesses in the sectors hit hardest by the coronavirus (COVID-19) pandemic so they can survive and keep people in work.
Eligible businesses can apply for a one-off $10,000 grant which can be used towards costs such as utilities, rent and salaries, and activities to support business continuity planning.
 
https://www.business.vic.gov.au/support-for-your-business/grants-and-ass...

Free Victorian Chamber of Commerce and Industry (VCCI) Membership 
VCCI has free 12-month membership waivers for any new entry level membership.
https://www.victorianchamber.com.au/membership/join

Payroll Tax Refund and Deferral
Small and medium-sized businesses with total payroll of less than $3 million will be refunded payroll tax for the 2019-20 financial year. Payroll tax for the first three months of the 2020/21 financial year will be deferred until 1 January 2021.
https://www.sro.vic.gov.au/coronavirus

Licensing, Land Tax and Rent Relief 
Liquor licensing fees for 2020 will be waived for affected venues and small businesses.
https://www.vcglr.vic.gov.au.
Commercial tenants in government buildings can apply for rent relief and 2020 land tax payments will be deferred for eligible small businesses.
https://www.sro.vic.gov.au/coronavirus

Business Support Fund 
A $500 million Business Support Fund will assist small to medium businesses most impacted by the COVID-19 outbreak. Register your interest to receive more details as they become available.
https://www.vic.gov.au/workingforvictoria

Working for Victoria Fund 
Displaced workers will be eligible to apply for different opportunities for paid work and to contribute to Victoria’s ability to manage this event and support the community. Register your interest to receive more details as they become available.
https://www.vic.gov.au/workingforvictoria

State Government Payment Times 
Government will pay all outstanding supplier invoices within five business days.

Local

Rates Payment Deferral
Those experiencing financial hardship can apply to defer Rates payments to Council.
Applications are considered on a case-by-case basis under Council's hardship provisions.

www.warrnambool.vic.gov.au/defer-rates-payment

 

 

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