COVID-19 Business Support: Government Grants and Relief Schemes (2020)

Nico Chan

Here is a list of government grants and relief schemes that are currently available for each state to help you get through COVID-19.

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New South Wales

City of Sydney Business Grants

Business support grants: Live music and performance, night-time diversification, place and industry

Other grants and sponsorships: Innovation grant, cultural grant, festival grants, matching grant, knowledge exchange sponsorship, accommodation grant, quick response grant, ratings and assessment grant.

Emergency Cleaning Stimulus

$250 million cleaning stimulus package to help stop the spread of COVID-19.

Support4work Grant

Support4work provides financial incentives to help a small business manage the recovery at work of an injured person while the business recovers from the economic impacts of COVID-19.

Coronavirus SME Guarantee Scheme

This scheme provides small and medium sized business with timely access to working capital to help them get through the impact of the Coronavirus. It has enhances lenders’ willingness and ability to provide credit, supporting many otherwise viable SMEs to access vital additional funding to get through the impact of Coronavirus.

Fee and License Relief 

The NSW Government is waiving a range of licence and permit fees for businesses for 12 months

Corona Virus and Land Tax

Land tax relief for commercial landlords to help them manage their rental properties during the COVID-19 outbreak. Landlords get a reduction of up to 25% of the land tax payable on a parcel of land in the 2020 land tax year.

Rescue and Rest Art Package 

$50 million package for NSW arts and cultural organisations to ensure the sector continues to make an important contribution to the NSW economy during and after the COVID-19 pandemic.

Victoria

Business Support – Fund Expansion

Grants to support businesses through renewed restrictions. $10,000 for employing businesses in metropolitan Melbourne and Mitchell Shire in recognition of spending longer under restrictions. $5,000 for employing businesses in regional local government areas (except Mitchell Shire).

Tax Relief

The Victorian Government has announced a range of tax relief measures: land tax relief, payroll tax relief, liquor licence fee relief, motor vehicle duty relief and commercial passenger vehicle service levy.

Commercial Tenancy Relief

A scheme to alleviate financial hardship faced by tenants and landlords as a result of coronavirus (COVID-19).

Queensland

Small Business Adaptation Grant (Round 2)

The objective of this program is to support small businesses subject to closure or highly impacted by the coronavirus (COVID-19) shutdown restrictions, to adapt and sustain their operations, and build resilience.

Up to $100 million is being made available to deliver a second round of grants, with half of this funding specifically earmarked for regional small businesses located outside of South East Queensland.

Payroll Tax Relief

You can apply to defer paying your payroll tax for the 2020 calendar year. Other relief measures are closed.

Land Tax Relief

Relief Measures include: a 3-month deferral of land tax liabilities for the 2020-21 assessment year; a land tax rebate reducing land tax liabilities by 25% for eligible properties for the 2019-20 assessment year; a waiver of the 2% land tax foreign surcharge for foreign entities for the 2019-20 assessment year.

State Land Rent Relief

This scheme provides rent relief for holders of leases, licences and permits on state land. Depending on your rental category, you may be eligible to receive a rent waiver if you operate a business or rent deferral.

Fee Relief for Liquor License Holders

Annual liquor licensing fees for 2020-21 will be waived for the following liquor licence categories: on premises, residential, restaurant and catering, club, liquor production and sales, small venue. Holders of a general and hotel licence who have a bottleshop will receive reduced fees, or a full waiver if they do not have a bottleshop.

South Australia

Economic and Business Growth Fund

The State Government committed $100 million to the Economic and Business Growth Fund (the Fund) to promote economic growth in South Australia by encouraging growth of existing industries, developing new industries, building international connections, and attracting foreign and national direct investment.

Financial Support to Hire Apprentices

Various financial benefits related to hiring apprentices.

Western Australia

Payroll Tax Relief

Payroll tax measures were introduced to support businesses impacted by the coronavirus including a threshold increase, payroll tax waiver, grant payment, job keeper payments.

Apprenticeship and trainee re-engagement incentive

The Re-engagement Incentive assists businesses to employ an apprentice or trainee and help WA build a pipeline of skilled employees moving into the economic recovery phase post COVID-19.

Tasmania

Small Business Continuity Grant (Round 2)

The second round of the COVID-19 Small Business Continuity Grant program will provide $750 each to eligible businesses to engage a qualified specialist to advise on business continuity planning.

Tax Relief 

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​The Tasmanian Government has introduced a number of business stimulus measures including – payroll tax waivers, land tax waivers and payment plans – in response to the impact of Coronavirus.

Liquor and Gaming Financial Support

The Tasmanian Government will waive liquor and gaming licence and permit fees to assist local businesses and individuals.​

Australian Capital Territory

Economic Survival Package

The Tourism and Hospitality Support package is designed to protect and create local jobs and will include: matched funding to cooperative marketing projects proposed by ACT tourism operators and attractions, further tax relief to Canberra’s hotels and hospitality industry, increased funding for community events and support staffing and support for a physical distancing technology pilot to help position Canberra to attract new business events in the current environment.

Northern Territory

Business Rebound and Adaptation Grant

Grants of up to $10,000 on a co-contribution basis are available to small businesses to carry out works that will enhance customer experience and improve business performance. This can include new technology, skilling of workers, structural works to business premises and major purchases and installations for the business.

Business Hardship Package

Support is available to Territory businesses with a turnover less than $50 million who can demonstrate a reduction of turnover of 30% or more due to coronavirus (COVID-19).

NFP/Community Grant

Grants of up to $100,000 will be given to Territory not-for-profit and community organisations to engage local businesses to do repairs, renovations and upgrades to their premises (permanent physical improvements to land and / or buildings).

Additional Resources

You can search for more grants and programs on your own using Grantconnect & AusGov Business 

Meet Noah – a virtual business concierge developed by HHQ that provides you with valuable resources and information to support you and your business through COVID-19.

Check out this article we wrote on financial support, grants and other initiatives available for Aussie exporters (NSW only).

The pandemic got you feeling down? Read about how to look after your mental health during Covid-19.

Government Grants Virtual Business Concierge

 

 

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