Covid-19 Relief
Packages

What you need
to know

JOBKEEPER

Details of the JobKeeper package can be found

https://treasury.gov.au/coronavirus/jobkeeper

Information for Employers:

https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_Info_for_Employers_0.pdf

Information for Employees:

https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_Info_for_Employees_0.pdf

SUPPORTING BUSINESSES:

https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_supporting_businesses_1.pdf

HELP FOR BUSINESSES:

Full details of the Government’s support package for business (including sole traders) can be found below, including changes to the instant asset write-off, cash flow assistance etc. Call the Business Hotline on 13 28 46 or go to

https://business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business

STIMULUS PAYMENT:

The $750 stimulus payment will be paid to social security and veteran income support recipients, eligible concession and health card holders, as well as recipients of family assistance and social security income support payments.

Details available at

https://www.servicesaustralia.gov.au/individuals/services/centrelink/economic-support-payment

COMMERCIAL RENT RELIEF:

States and territories will implement a mandatory Code of Conduct to impose a set of good faith leasing principles that will apply to commercial tenancies (including retail, office and industrial) between owners/operators/other landlords and tenants. Details of the code are

https://www.pm.gov.au/sites/default/files/files/national-cabinet-mandatory-code-ofconduct-sme-commercial-leasing-principles.pdf

RESIDENTIAL TENANCIES:

National Cabinet agreed to a moratorium on evictions over the next six months for residential tenancies in financial distress who are unable to meet their commitments due to the impact of Coronavirus. Residential tenancies will be dealt with by each state and territory.

https://www.legislation.nsw.gov.au/regulations/2020-147.pdf

CHILD CARE:

Free early childhood education and care for around one million families, no matter what type of service they use. Details of the new scheme are available

https://www.dese.gov.au/covid-19

TEMPORARY VISA HOLDERS:

Those who are unable to support themselves over the next six months, either through work, savings or access to superannuation, are strongly encouraged to return home. Details available

https://covid19.homeaffairs.gov.au/

Contact the office

We are here to help you now and in the long term to discuss any concerns or strategies to improve your finances.


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