UPDATE: Tuesday 31, March 2020 on Golf Australia's website.

Economic Survival and Support for Businesses during COVID-19

In what is an extremely stressful time for everyone, the Australian Government and state government around Australia have release stimulus packages for businesses and not-for-profits during the outbreak of COVID-19 over the next six months.

The following is a summary of each package available, with links to contacts and further information.

AUSTRALIAN GOVERNMENT:
JobKeeper Payments

Supporting businesses to retain jobs

JobKeeper Payment – Information for Employers

JobKeeper Payment – Information for Employees

Boosting Cashflow for Employers - provides up to $100,00 back to small and meduim sized businesses.

Instant Asset Write Off Boost - the instant asset write-off has been increased from $30,000 to $150,00

Backing Business Investment - A time limited 15 month investment incentive to support business investment and economic growth

Supporting Apprentices and Trainees - If you employ an apprentice or trainee you may be eligible for a wage subsidy of 50 per cent of their wage 

Queensland Government:

Queensland COVID-19 Jobs Support Loans -

Applications are now open for the Queensland Government’s $500 million COVID-19 Jobs Support Loan scheme. This scheme is for Queensland businesses and non-profit organisations financially affected by COVID-19 to retain employees and maintain their operations. Low interest loans of up to $250,000 are available to assist with carry-on expenses such as employee wages, rent and rates and other related expenditure.

Payroll Tax Support - If your business has been affected by COVID-19, you may be eligible for one or more of a range of payroll tax relief measures as a result of the impacts of coronavirus (COVID-19).
These include:

refunds of payroll tax for 2 months

a payroll tax holiday for 3 months

deferral of paying payroll tax for the 2020 calendar year.

Power Bill Relief - Your business may be eligible for a $500 rebate off energy bills if you consume less than 100,000kWh. This will be automatically applied on your business electricity bills.

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