| What it’s for | Funds available | Eligibility & More info |
|---|---|---|
| JobKeeper Payment | $1,500 fortnightly per employee | Federal Gov |
| Increasing the Instant Asset Write-Off | Deduct purchases of eligible assets each costing less than $150,000 | Federal Gov |
| Temporary relief for financially distressed businesses | Increase from $2,000 to $20,000 | Federal Gov |
| Loan guarantee of 50 per cent to small and medium enterprise (SME) lenders for new unsecured loans to be used for working capital. | Maximum total size of loans of $250,000 per borrower | Federal Gov |
| What it’s for | Funds available | Eligibility & More info |
|---|---|---|
| Grant - Operating model change, Online and e-commerce, Training and professional development, Capital works - City of Sydney only | Up to $10,000 | City of Sydney |
| Grant - Unavoidable business costs such as utilities, overheads, legal costs and financial advice. Until 1 June 2020 | Up to $10,000 | NSW Gov |
| What it’s for | Funds available | Eligibility & More info |
|---|---|---|
| Small Business Survival Fund | The immediate survival payment amounts include: $2,000 for sole traders, $5,000 for businesses with 2 to 4 employees (FTEs). | NT Gov |
| What it’s for | Funds available | Eligibility & More info |
|---|---|---|
| Grant - Investing in online and e-commerce activities - City of Melb only | Up to $5,000 | City of Melb |
| Grant - Training and professional development - City of Melb only | Up to $2,000 | City of Melb |
| Grant - Capital works projects - City of Melb only | Up to $10,000 - (matching dollar-for-dollar) | City of Melb |
| Payroll Tax Refund/Waived for 2019/20 financial year | Refund | Vic Gov |
| Liquor licence fees waived/reimbursed | fees waived | Vic Gov |
| Grant - rent, utilities and salaries, and activities to support business continuity planning, such as seeking financial and legal advice - Until 1 June 2020 | Up to $10,000 | Vic Gov |
| What it’s for | Funds available | Eligibility & More info |
|---|---|---|
| Grant - to assist them to manage the impacts of COVID-19 | Up to $17,500 | WA Gov |
| Payroll tax waiver - between March 1, 2020 to June 30, 2020 | Waived tax | WA Gov |
| Occasional liquor licence - grant occasional liquor licences to existing licensed venues for up to 6 months to allow the sale of liquor with a takeaway or delivered meal. | WA Gov | |
| Rent relief - Government-owned buildings for six months | WA Gov |
These are main grants and support packages available, however there are other support opportunities like loans, vocational training subsides, business fees waivers, and rates/tenancy relief. Check your state government and local council websites, to find updates and more information.
Resources
Federal - https://www.business.gov.au/Risk-management/Emergency-management/Coronavirus-information-and-support-for-business
ACT - https://www.covid19.act.gov.au/economic-support/economic-survival-package/supporting-local-businesses-and-the-economy#Six-month-waiver-of-payroll-tax10
City of Melb - https://www.melbourne.vic.gov.au/business/Pages/business.aspx
City of Syd - https://news.cityofsydney.nsw.gov.au/articles/covid-19-support-for-business
NSW - https://www.nsw.gov.au/your-government/the-premier/media-releases-from-the-premier/10000-grants-to-provide-fast-relief-for-nsw-small-businesses-battling-covid-19/
NT - https://businessrecovery.nt.gov.au/businesses/small-business-survival-fund
QLD - https://www.business.qld.gov.au/
SA - https://www.treasury.sa.gov.au/Growing-South-Australia/stimulus-measures-to-support-businesses-and-the-community-impacted-by-covid-19
Tas - https://www.business.tas.gov.au/covid-19_business_support_packages
Vic - https://www.business.vic.gov.au/disputes-disasters-and-succession-planning/illness-and-business-management-plan/coronavirus-business-support
WA - https://www.wa.gov.au/organisation/department-of-the-premier-and-cabinet/covid-19-coronavirus-business-and-industry-advice