Overview of COVID-19 key assistance programs available from the State Governments.
Australian Capital Territory
- $3.3m for Clubs Diversification and Sustainability Support Fund to support clubs to keep staff employed
- Subsidies for apprenticeships and traineeships
- Rideshare, taxi plate and food registration fee waivers for 12 months
- Hospitality six month waiver of payroll tax (PTX) from April to September 2020
- Rebate on the fixed charge for FY20 on commercial rates for properties with AUV <$2m
- $750 rebate for SMEs to help with power bills
- Interest free deferrals of PTX for FY21 for businesses up to a payroll threshold of $10m
- Business support webinars offered to discuss economic support
- Fund to be established to provide secure work opportunities to continue employing people for cleaning, repairs and maintenance and projects
- Rent and tenancy assistance for residential tenants, business tenants and owner-operated commercial properties
- Eligible new homeowners will be able to apply for a stamp duty concession to live in their new property
- 12 month waiver from 1 April 2020 for infection control licences such as beauty therapists, nail salons, tattoo parlours and dentists
- 12 month waiver on certain food business registration, outdoor dining and liquor licensing fees for 2020 to 2021
Sources:
- https://www.covid19.act.gov.au/economic-support/economic-survival-package/supporting-local-businesses-and-the-economy
- www.covid19.act.gov.au/news-articles/business-support-webinar
New South Wales
- FY20 PTX threshold limit raised to $1m
- Range of fee waivers for SMEs including bars, cafes, restaurants and trades
- FY20 PTX reduced by 25% for wages up to $10m
- PTX waiver for businesses with payrolls of up to $10m for the rest of FY20 and deferral for an additional 3 months
- Deferral of PTX for business with payrolls over $10m for six months
- Deferral of gaming tax for clubs, pubs, hotels and lotteries tax for six months
- Deferral of rents for six months for commercial tenants <20 employees in all Government-owned properties
- Deferral of the parking space levy for six month
- Land tax concession of up to 25% available and a further land tax deferral for landlords
- Up to $50m of trade and construction licensee fees waived
- $10,000 grants to provide relief to SMEs
- Small Business Advisory program engaging 30 advisors to support businesses
- $12.6m package for taxi industry
- $50m package for NSW Arts and Culture
- $100b infrastructure pipeline over four years to drive employment growth and help create 88,000 direct jobs, including a $3b accelerator fund
- No stamp duty on newly-built homes below $800,000 and decrease of up to $33,000 for properties up to $1m
- Small business recovery grant of up to $3,000 to help industries highly impacted by COVID-19 to safely relaunch operations
Sources:
- www.revenue.nsw.gov.au/taxes-duties-levies-royalties/payroll-tax
- https://preview.nsw.gov.au/news/billions-tax-relief-for-business-1-billion-fund-for-jobs-and-help-for-vulnerable
- www.nsw.gov.au/media-releases/126-million-for-taxi-industry-support-package
- www.nsw.gov.au/media-releases/50-million-package-for-nsw-arts-and-culture
- https://www.nsw.gov.au/covid-19-recovery-plan
- https://www.nsw.gov.au/media-releases/big-boost-for-first-home-buyers-and-construction-industry-as-stamp-duty-slashed
- https://www.service.nsw.gov.au/campaign/covid-19-help-small-businesses/financial-stimulus-packages
Northern Territory
- Government fees and charges including electricity, water and car registration frozen (no increase due to indexation) until 1 July 2021
- Electricity prices for SMEs (those paying regulated tariffs) frozen from 1 July 2020 (no increase due to indexation) until 1 July 2021
- All businesses may access a $10,000 grant
- Not for profit and community organisations may access grants of $100,000 (no co-contribution required) to $100,000 (co-contributions required) for permanent improvements to land/buildings
- PTX abolished for six months for SMEs
- PTX deferred for six months for large businesses
- Power, water and sewerage bills reduced by 50% for six months for all businesses
- Commercial tenants eligible to receive PTX and utilities bills relief
- Grants up to $6,000 available to households and businesses for the purchase and installation of solar PV systems
- Grants up to $20,000 available for business improvements
- Home Improvement Scheme (HIS) funding increased from $30m to $100m
- Support grant of between $1,000 and $15,000 for new activities that adapt or rebound businesses to operate effectively in the new economic environment
Sources:
- www.newsroom.nt.gov.au/mediaRelease/32101
- www.nt.gov.au/industry/support-for-business/programs-and-initiatives
- https://businessrecovery.nt.gov.au/
Queensland
- Up to $950m in PTX relief including refunds, payment holidays and deferrals for eligible businesses as well as a tax exemption for JobKeeper payments
- Two month refund of payroll tax and a three-month payroll tax holiday for SMEs
- Equipment purchase grants of up to $7,500 up to a max cost of $10,000
- Projects grants of up to $50,000
- Relief for businesses renting government premises
- $500 rebate on electricity bills for SMEs consuming <100,000 kilowatt hours
- $27.25m support recovery package for SME, industry and student support and counselling
- Irrigation prices frozen for 2020/21 and dam safety costs absorbed by Government to support farmers
- Package that supports the survival and revival of Queensland’s explorers to maintain pipeline of resources projects and jobs
- Additional $500m made available for 12 month interest free loans for COVID-19 affected businesses
- $200 rebate for all 2.1m Queensland homes to offset the cost of water and electricity
- $400m in support for retail and commercial tenants, delivered as land tax relief and payment referrals
- $15m airline route support to support and encourage domestic tourism spend across Queensland
- $8.93m national parks works and jobs boost to provide visitor infrastructure upgrades and enhancements to reenergise nature-based tourism
Sources:
- www.business.qld.gov.au/starting-business/advice-support/support/novel-coronavirus
- www.treasury.qld.gov.au/programs-and-policies/covid19-package
- statements.qld.gov.au/Statement/2020/5/5/price-freeze-offers-further-relief-for-farmers
- statements.qld.gov.au/Statement/2020/5/6/govt-package-backs-explorers-for-future-jobs
- statements.qld.gov.au/Statement/2020/5/7/payroll-tax-exemption-on-jobkeeper-payments
- statements.qld.gov.au/Statement/2020/5/9/queensland-doubles-funding-for-12month-interest-free-business-loans
- https://www.covid19.qld.gov.au/__data/assets/pdf_file/0025/128194/economic-recovery-strategy.PDF
South Australia
- $100m committed to the Economic and Business Growth Fund
- Two new funds established with $550m to support business, jobs and communities
- PTX waiver for businesses with payrolls of up to $4m for six months
- PTX deferral for businesses, impacted by COVID-19, with payrolls >$4m for six months
- Land tax deferral of remaining FY20 for six months
- Relaxation of the existing Job Accelerator Grant criteria
- Businesses whose employees qualify for JobKeeper payments will be exempt from paying any payroll tax on the wage subsidy
- Rent relief for tourism / hospitality sites on Crown Land
- $10,000 emergency cash grants for SMEs and NFP impacted by COVID-19
- Grants from $50,000 to $2m for projects that generate new economic activity in regional areas
- Residential and SME commercial tenants may access a 25% reduction on land tax liability
- $5m co-investment fund to fast track recovery of nature-based tourism
- $500,000 support to SA exporters in transitioning to online operations
- Businesses with a turnover <$500m will be able to deduct 50% of the cost of an eligible asset on installation, with existing depreciation rules applying to the balance of the asset’s cost
- SME Guarantee Scheme to provide eligible lenders with funding to help businesses access working capital
Source:
- www.treasury.sa.gov.au/__data/assets/pdf_file/0004/43384/EBGF_Guidelines.pdf
- www.premier.sa.gov.au/news/media-releases/news/11,300-small-businesses-register-for-$10,000-emergency-grants
- www.premier.sa.gov.au/news/media-releases/news/landlords-and-tenants-benefit-from-extra-$50m-in-land-tax-relief
- www.premier.sa.gov.au/news/media-releases/news/big-boost-for-nature-based-tourism-in-south-australia
- https://business.sa.gov.au/COVID-19-business-information-and-support/Financial-support-for-sa-businesses/I-AM-A-COMPANY
Tasmania
- Interest free SME business loans
- PTX waived for hospitality, tourism and seafood industries to end of FY20
- Payment terms by Government agencies will be reduced from 30 days to 14 days
- Lease, license and parks’ fee waivers for tourism operators
- SMEs can apply for a waiver of PTX
- Grants immediately available for seafood, tourism, retail, hospitality, arts, entertainments, and fitness
- Businesses with <$10m turnover may access loans from $20,000 to $250,000
- One-off grant of up to $2,500 to support business continuity
- Registration freeze for up to 12 months for light and heavy vehicles
- Registration waived for heavy vehicles >4.5 tonnes for up to 12 months
- Freeze on rent increases for residential tenants
- Financial support for transitioning to online business
- $150m government loan scheme for infrastructure projects
- Technology grants for mental health, drug and alcohol service providers
- Mental health hotline introduced to support Tasmanians
- Additional support to taxi services such as waived registration fees
- PTX waivers on JobKeeper payments
- $10,000 grants for RSL sub-branches and ex-serving organisations
- $25,000 grants to help RSLs and other organisations provide a new service or program to meet needs due to COVID-19 restrictions
- $100,000 support package for regional chambers of commerce
- Introduction of Building and Construction reform amendments to ensure a more timely regulatory approval process
- Two year blitz to generate $3.1b in construction value and around 15,000 jobs
- Explorer Support Package will help boost the mining and mineral processing sector by suspending payments on licences and waiving application fees
- Grants of $5,000 available to assist small businesses in hard-hit sectors
- $1.5m funding and introduction of new operational measures of >$2m to support the individuals and organisations leading Tasmania’s cultural sectors
- $20m will be established for initial emergency grant payments of $2,500 to business in a variety of industries including those in the arts sector
Sources:
- www.business.tas.gov.au/news/government_stimulus_package
- www.business.tas.gov.au/covid-19_business_support_packages
- www.premier.tas.gov.au/releases/new_mental_health_hotline_to_support_tasmanians
- www.premier.tas.gov.au/releases/waiving_payroll_tax_on_jobkeeper_payments
- www.premier.tas.gov.au/releases/grants_to_help_support_our_rsl_sub-branches_and_veterans
- www.premier.tas.gov.au/releases/tasmanian_government_answering_the_call_by_small_business_for_support
- www.premier.tas.gov.au/releases/support_for_our_regional_chambers_of_commerce
- www.premier.tas.gov.au/releases/supporting_businesses_and_investment_in_tasmania
- www.premier.tas.gov.au/releases/two_year_blitz_to_generate_$3.1_billion_in_construction_value
- www.premier.tas.gov.au/releases/support_package_to_help_boost_tasmanian_mineral_exploration
- https://www.arts.tas.gov.au/news_articles/cultural_and_creative_industries_stimulus_package
- https://www.business.tas.gov.au/covid-19_business_support_packages/covid-19_small_business_sustainability_and_recovery_grant_program2
Victoria
- Up to $1m for training and support and up to $0.5m in business grants to develop e-commerce and online services
- Businesses can apply for direct grants
- Fee waiver for street trading and outdoor dining areas, and other permits
- Full PTX refunds for FY20 for SMEs with payroll <$3m
- PTX deferred for the first three months of the FY21 until 1 January 2021 for SMEs with payroll <$3m
- Commercial tenants in government buildings can apply for rent relief
- Land tax payments for 2020 will be deferred for eligible small businesses
- Government will fast track payment of supplier invoices
- $14m support package for Victoria’s wildlife attractions to ensure continued operations and job preservation
- Rent relief to liquor licenced venues with annual turnover <$50m that are not covered by the Commercial Tenancy Relief Scheme
- $16.8m package provided immediately to support to Victorian creative organisations and individuals to sustain employment, develop new works and provide opportunities for creative community participation.
- Dedicated taskforce to help keep the state’s building and development industry running
- $491m tax relief provided for businesses participating in the JobKeeper scheme, with new exemptions for payroll tax and WorkCover premiums
- $17m in funding provided for disability support
- $150m support package for sport, tourism and creative industries
- Universities to be supported through $350m fund and $110m in payroll tax deferrals
- Deferred collection of rent and annual fees to support mines, quarries and exploration companies
- 10,000 more Free TAFE places, and expand Free TAFE to include new full qualifications linked to jobs and government priorities
- Stamp duty discounts on first homes under $750,000 and stamp duty waived completely on homes under $600,000
- Regional Victoria business forced to close as part of stage three restrictions will be eligible for a $5,000 grant
- Metropolitan businesses forced to close as part of stage four restrictions are eligible for a $10,000 grant
- Businesses affected by stage four lockdown can now access JobKeeper based on prospective financial impacts (previously based on historical performance)
- Employees that do not have access to sick leave, will be eligible for a $1,500 payment
Sources:
- www.premier.vic.gov.au/economic-survival-package-to-support-businesses-and-jobs
- www.business.vic.gov.au/__data/assets/pdf_file/0005/1888997/Economic-Survival-Program-Fact-Sheet.pdf
- www.premier.vic.gov.au/supporting-victorias-much-loved-wildlife-attractions/
- www.premier.vic.gov.au/more-support-for-much-loved-pubs-clubs-restaurants/
- www.premier.vic.gov.au/survival-package-to-help-save-arts-jobs/
- www.premier.vic.gov.au/new-taskforce-to-bolster-building-and-development-industry/
- www.premier.vic.gov.au/saving-jobs-and-reducing-the-burden-on-businesses-and-families/
- www.premier.vic.gov.au/supporting-victorian-universities/
- www.premier.vic.gov.au/support-for-victorias-vital-mining-and-quarry-businesses/
- https://www.premier.vic.gov.au/more-support-to-keep-victorian-creatives-working/
- https://www.premier.vic.gov.au/helping-local-sporting-competitions-get-through-the-pandemic/
- https://www.premier.vic.gov.au/new-support-for-victorian-communities-to-stay-connected/
- https://www.premier.vic.gov.au/free-tafe-expansion-to-boost-skills-and-drive-economic-recovery/
- https://www.premier.vic.gov.au/helping-100000-victorians-make-a-house-a-home/
Western Australia
- Businesses that pay PTX will receive a one-off grant of $17,500
- $1m PTX threshold brought forward by six months to 1 July 2020
- Impacted businesses can defer PTX until 31 July 2020
- $114m in measures to support Western Australian small and medium businesses
- Taxi assistance payments and waived renewal fees for next 12 months
- Private sector employees, including casual staff, can be granted up to two weeks’ unpaid pandemic leave to cover periods they are required to self-isolate by government or medical authorities
- Reduced electricity bills and license fees waived for SMEs
- $500m for health and other frontline service delivery towards increasing PPE supply and medical equipment
- Monthly payments to employers of apprentices and trainees in the construction workforce
- $154.5m rent relief package to support tenants and landlords
- Rent waived for tenants of buildings owned by government agencies
- 6 month moratorium on evictions for businesses
- Freeze on rent increases
- Grants available for crisis relief organisations, community groups and NFP
- Government will fast track payment of supplier invoices
- Major projects fast-tracked to support jobs
- $235,000 allocated to support regional chambers of commerce
- $100m lending facility created to support local governments and universities
- Tourism industry and jobs to be supported through $14.4m funding package
- Grants for impacted not-for-profit and community groups across the Kimberley
- Resources export hubs established to assist SME recovery from COVID-19
- Access to free training for apprentices and trainees
- $444m housing stimulus package
- Apprenticeship and Traineeship Re-engagement Incentive providing employers with a one-off payment of $6,000 for hiring an apprentice and $3,000 for hiring a trainee
- $125m Building Bonus package to increase activity in the residential building sector
- $116m Regional Land Booster package to create regional jobs and assist regional businesses to recover from COVID-19
- $57m package for the training sector that will deliver 15 free short courses and decrease TAFE fees
Sources:
- www.wa.gov.au/organisation/department-of-the-premier-and-cabinet/coronavirus-covid-19-western-australian-government-response
- www.wa.gov.au/organisation/department-of-the-premier-and-cabinet/covid-19-coronavirus-western-australian-government-response
- www.mediastatements.wa.gov.au/Pages/McGowan/2020/04/Major-projects-fast-tracked-to-support-jobs-during-COVID-19.aspx
- www.mediastatements.wa.gov.au/Pages/McGowan/2020/05/Support-for-regional-chambers-of-commerce.aspx
- www.mediastatements.wa.gov.au/Pages/McGowan/2020/05/100-million-dollar-short-term-lending-facility-to-support-local-governments-and-universities-through-COVID-19.aspx
- www.mediastatements.wa.gov.au/Pages/McGowan/2020/05/14-point-4-million-dollar-package-to-support-tourism-industry-and-jobs.aspx
- www.mediastatements.wa.gov.au/Pages/McGowan/2020/05/Water-Corporation-supports-Kimberley-through-new-COVID-19-Community-Relief-Fund.aspx
- www.mediastatements.wa.gov.au/Pages/McGowan/2020/05/3-8-million-resources-export-hubs-to-help-WA-recover-from-COVID.aspx
- www.mediastatements.wa.gov.au/Pages/McGowan/2020/06/Fees-scrapped-to-support-more-than-3000-displaced-apprentices-and-trainees.aspx
- www.mediastatements.wa.gov.au/Pages/McGowan/2020/06/New-444-million-dollar-housing-stimulus-for-Western-Australia.aspx