Government Assistance and Support

The financial impact

Council encourages business owners to stay up to date with State and Federal Government initiatives as there are assistance packages that you may be eligible.

COVID-19 UPDATE - A new announcement made from the Victorian Government of a commercial tenancy relief scheme to alleviate financial hardship faced by tenants and landlords as a result of coronavirus (COVID-19). 

The Australian Government Business website assists in finding financial assistance, eligibility and timing for the new government support for Australian businesses. This page will be updated as new information is available.

The Australian Tax Office have implemented a number of tax relief programs. Visit their website to find out information on the instant asset write-off, BAS extensions, the “Boosting Cash Flow for Employers” program, and many more measures.

The Victorian Government has acknowledged that "the pandemic is creating issues for businesses large and small who are facing a downturn in trade, bans on events and restrictions on indoor gathers, as well as challenges in dealing with employee safety and entitlements". In response to this growing concern, the Victorian Government has launched a Business Victoria hotline and the number is 13 22 15, and as well have announced various financial business support Grants. Please visit Business Victoria to find out what the Victorian Government is offering.   

Many Australian banks have acted swiftly to communicate to their customers how they can assist them through financial hardships that your business may experience.  This factsheet summarises how your bank can assist your business. 

The Advanced Manufacturing Growth Centre (AMGC) has launched a portal for Australian manufacturing, component suppliers and skilled design, engineering and manufacturing experts to register their interest and core competencies in support of the national response to COVID-19.

 

 


Updated : 1:52 PM, 17 April 2020

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