Coronavirus: Assistance you need to know about

16 March 2020

At this difficult time – and into the foreseeable future – trading conditions may be very challenging.

The Federal Government has therefore put in place several programs to help small businesses remain viable. Government assistance includes:

• Increasing the Instant Asset Write-Off (up from $30,000 to $150,000)
• Backing Business Investment (an incentive scheme to support business investment)
• Boosting cash flow for employers
• Supporting apprentices and trainees
• Assistance for affected regions, communities and industries

Check the goverment's website to see the latest information and if your business is eligible for government assistance.