JobKeeper Payment
The JobKeeper payment will provide subsidy to eligible businesses to assist them to keep paying their employees. This assistance will help businesses to keep people in their jobs and re-start when the crisis is over.
Supporting businesses to retain jobs
Cash flow support for small & medium business
Cash flow support of up to $100,000 for eligible small and medium sized business.
Cash Flow Assistance for Businesses
Temporary relief for financially distressed businesses
A temporary safety net to lessen the threat of actions that could unnecessarily push businesses into insolvency and force the winding up of their business.
Providing Temporary Relief for Financially Distressed Businesses
Increasing the instant asset write-off
Increase to the instant asset write-off from $30,000 to $150,000 for eligible businesses.
Delivering Support for Business Investment
Supporting apprentices & trainees
Eligible businesses can apply for a wage subsidy of 50% of the apprentice's or trainee's wage.
Supporting apprentices and trainees
Support for Coronavirus-affected regions & communities
The Government has set aside $1 billion to support regions most significantly affected by the Coronavirus outbreak.
Assistance for Severely Affected Regions and Sectors
$10K Business Support Fund
The Victorian Government launched the $500 million Business Support Fund as part of its $1.7 billion Economic Survival Package to help small businesses survive the impacts of coronavirus (COVID-19) and keep people in work.
The fund provides eligible businesses with one-off grants of $10,000.
Business Support Fund Guidelines