Federal Government Economic Response to Coronavirus for Businesses
The Australian Government is supporting Australian businesses to manage cash flow challenges and retain employees during the Coronavirus health crisis. Assistance includes:
Boosting cash flow for employers
Helping small and medium businesses with aggregated annual turnover under $50 million to cover the costs of employee wages and salaries equal to 50 per cent of PAYG withheld for businesses that withhold tax, with a minimum of $2,000 and a maximum of $25,000 over six months.Read Fact-sheet
Supporting apprentices and trainees
Helping businesses retain apprentices and trainees by offering a wage subsidy of 50 per cent of the apprentice’s or trainee’s wage for nine months. The subsidy of up to a maximum of $21,000, will be available to businesses employing fewer than 20 full-time employees who retain an apprentice or trainee, or, where a small business is not able to retain an apprentice, the subsidy will be available to a new employer. Read Fact-sheet
For more information on the ways in which the Government can support your businesses visit https://business.gov.au/
Dealing with COVID-19 and Responding to Difficulty in Paying Rent
The Victorian Small Business Commission have developed news content with information to help small business owners, landlords and agents who are dealing with situations where the tenant is having difficulty in paying rent. The content includes steps they can take now, and how the Victorian Small Business Commission’s mediation service might be able to help resolve lease disputes.
The content also includes a link to Small Business Victoria’s dedicated web page on COVID-19, which provides advice in areas including developing business continuity
and recovery plans and other agencies that can help, such as the ATO and the Fair Work Ombudsman.
For more Information, Visit
Hotline help for Victorian Businesses Dealing with Covid-19 Impacts
The Victorian State Government have launched a hotline for businesses dealing with the significant challenges posed by the COVID-19 outbreak.
The pandemic is creating issues for businesses large and small who are facing a downturn in trade, bans on events and restrictions on indoor gatherings, as well as challenges in dealing with employee safety and entitlements.
Businesses across the state can now access information on dealing with COVID-19 by calling the Business Victoria hotline on 13 22 15.
For more information on advice, updates and help to support businesses dealing with the CoVID-19 please visit the Business Victoria Website here https://www.business.vic.gov.au/disputes-disasters-and-succession-planning/illness-and-business-management-plan/dealing-with-coronavirus
Free Victorian Chamber of Commerce Membership
The Victorian Chamber is offering a waiver on membership fees to support Victorian businesses impacted by the COVID-19 Crisis .
To help support business back towards growth and prosperity, The Victorian Chamber will waive membership fees for any new entry level membership (up to a value of $700), and are adding extra credit for existing members for the next 12 months.
To find out more about membership packages and to Join please visit
