New South Wales
$750M Small Business Support Fund
The NSW Government will provide fast relief for NSW small business battling COVID-19. As part of the $750M Small Business Support Fund, grants of up to $10k will be available.
City of Melbourne
The City of Melbourne has announced a local economic stimulus package valued at more than $10 million to keep Melburnians in jobs and support city businesses affected by the COVID-19 virus.
Business Victoria Support Fund
The Victorian Government has launched the $500 million Business Support Fund to help small businesses survive the impacts of the coronavirus (COVID-19) pandemic and keep people in work. Funding of $10,000 per business is available and will be allocated through a grant process.
$500M Loan Facility
The Queensland Government will create a new $500 million loan facility, interest free for the first 12 months, to support businesses to keep Queenslanders in work and extend the coronavirus payroll tax deferral to all businesses across the state.
Support for Tourism Operators & Hospitality Providers
A suite of initiatives will be available to support Queensland business and industry who are impacted by COVID-19 including:
- waiving application fees for some variations to liquor licences
- waiving registration renewal fees for Inbound Tour Operators
- waiving of daily fees for commercial activity agreements and permits
- deferral of Tourism Lease Rent Payments
Due to the significant impact of COVID-19 on Tasmanian small businesses, grants are now available to help businesses in severely impacted industries.
As WA’s largest coworking and startup incubator, Spacecubed have launched #AdaptDontStop, a project to support startup founders and business owners who are facing similar challenges and are struggling to pivot their existing business strategy in order to survive during this time of uncertainty.
We believe it takes a village to build a sustainable innovation and startup ecosystem, and now more than ever we must come together. We are reaching out to the community to seek mentors who are willing to work with a small business across 4 weeks to assist with this challenge (one hour per week), and businesses that could use a helping hand.
Assistance for Arts Community & Organisations
Arts South Australia has re-configured its available grant funds to assist the arts community and organisations to respond to immediate pressures being experienced, with $1.5 million in South Australian Government assistance for the arts sector. For more information and to see if you’re eligible, see Arts SA COVID-19 Support
Adelaide City Council Support Package
Adelaide City Council have introduced a series of welcome measures to help metropolitan businesses get by over the next few months. Small business and community tenants of council-owned buildings won’t have to pay any rent for the next free months. This extends to tenants of the Adelaide Central Market.
The Council will also waive the Rundle Mall Marketing Levy for three months and work in collaboration with Business SA to establish a Small Business Task Force.
Business & Industry
NBN Co has today announced that it will offer retail service providers (RSPs) free access to additional capacity for at least three months to help them support Australian residential and business customer. The additional capacity will apply to all fixed line, fixed wireless and satellite nbn technologies.
Australian Banking Association (ABA)
The Australian Banking Association (ABA) is working with banks to implement a small business relief package.
The Small Business Relief package will allow for the deferral of principal and interest repayments for loans to small businesses in all sectors impacted by the COVID-19 pandemic.