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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

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

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

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.

 

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