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Financial assistance and Grant Support

Circuit Breaker Action Business Support Package

Open for applications now!

Victoria’s business community has been greatly impacted by the global pandemic.
To help businesses manage this impact, the Victorian Government has announced a further $143 million package to support eligible businesses impacted by the circuit breaker action to limit the spread of COVID-19.

There are four initiatives available for eligible businesses as part of this support package.

  1. Business Costs Assistance Program
  2. Licensed Hospitality Venue Fund – Circuit Breaker Action Payment
  3. Victorian Accommodation Support Program
  4. Travel Voucher schemes

For full details and to see if your business is eligible see below.

Click Here

Find out what you might be eligible for

A range of assistance is available from the Australian and Victorian governments and other entities to support businesses impacted by coronavirus (COVID-19).
This finder will ask you a series of questions to help you find the assistance available to you based on your circumstances.

https://www.business.vic.gov.au/disputes-disasters-and-succession-planni...

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

 

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/General/COVID-19/Support-for-businesses-and-emplo...

Relief for commercial tenants
The Government has announced a range of measures to help renters. This includes a temporary hold on evictions and a mandatory code of conduct for commercial tenancies to support small and medium sized enterprises (SMEs) affected by Coronavirus.

https://www.business.gov.au/Risk-management/Emergency-management/Coronav...

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...

COSBOA Small Business Relief Fund

Applications for the COSBOA Small Business Relief Fund are now open.
Grants will be offered as a ‘one off’ payment of $10,000 (including GST) to 67 businesses across Australia.
These funds are aimed at supporting initiatives by small businesses as they adapt and innovate to emerge from this challenging period in a strong position. Such initiatives could include: re-purposing or re-modelling workspace, redesigning your business processes, new approaches to marketing, creating a new or upgraded digital presence, acquiring new software or equipment for a specialised service, or anything else that is aimed at securing or growing your business into the future.

More information on
https://www.cosboa.org.au/smallbusinessrelieffund

 

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