The COVID-19 presents a significant threat not only to human health but also to business. The economic challenge is enormous.
More than ever, it is vital that we shop and support local wherever possible.
For many businesses, likely decisions by the Federal and State Governments in response to the public health risk may have unexpected impacts.
State and Federal Government assistance is available for Latrobe City businesses.
Latrobe City has worked with Grant Guru to provide a portal for available business support resulting from COVID-19.
JobKeeper Enrolment Now Open
Under the JobKeeper Payment, businesses significantly impacted by the Coronavirus outbreak will be able to access a subsidy from the Government to continue paying their employees. This assistance will help businesses to keep people in their jobs and re-start when the crisis is over. For employees, this means they can keep their job and earn an income – even if their hours have been cut.
Employers must elect to participate in the scheme. They will need to make an application to the Australian Taxation Office (ATO) and provide supporting information demonstrating a downturn in their business.
You can find more information in this guide for employers and sole traders or enrol by following the link below which gives step by step instructions on how to proceed.
Register for JobKeeper Payment
Business Development Helpdesk
The Business Development team are here to assist businesses impacted by the restricted activities during the COVID-19 pandemic.
Call the Latrobe City Council Business support Helpdesk via our contact centre on 1300 367 700 to find out what support is available.
The following resources have been released to assist businesses:
Businesses across Victoria can now access information on dealing with COVID-19 by calling the Business Victoria hotline on 13 22 15.
Operators calling the hotline will be able to get information about support services, including those available through Business Victoria, which offers mentoring to help operators develop business continuity and recovery plans.
Coronavirus information and support for business - Find financial assistance, eligibility and timing for the new government support for Australian businesses.
- Increased and accelerated income support
- Supporting the flow of credit
- Temporary relief for financially distressed businesses
The Australian Government is supporting Australian businesses to manage cash flow challenges and retain employees. Assistance includes cash flow support to businesses and temporary measures to provide relief for financially distressed businesses.
Victorian Chamber of Commerce
The Victorian Chamber of Commerce has released information for business during a crisis
Victorian Chamber of Commerce and Industry launched a new initiative to help Victorian business survive under tough business conditions exacerbated by the bushfire and coronavirus crises.
The initiative, offered for the first time, will waive membership fees for one year for all Victorian businesses up to a value of $700. Existing members will receive an additional $500 credit.
A series of regular webinars that will provide members with the information they need to continue operating through the COVID-19 crisis will be available
Australian Taxation Office
The government has enacted legislation to support its economic response to novel coronavirus (COVID-19) to help the economy withstand and recover from the economic impact of coronavirus.
The CPA has released the following resources to help businesses through the impact of COVID-19:
- Tips to help businesses prepare for COVID-19
- An example list of potential #COVID19 implications for business
- CPA Contingency plan checklist
Australian exporters impacted by the COVID-19 crisis will now have access to business-saving loans between $250,000 and $50 million under a new $500 million capital facility to be administered by Export Finance Australia. The new COVID-19 Export Capital Facility will target loans to established and previously profitable exporters who, due to COVID-19, are unable to gain finance from commercial sources.
In addition to the COVID-19 Export Capital Facility, Export Finance Australia will also provide assistance to its existing customers through access to credit and financial relief.
For more information on Export Finance Australia, including how to apply for finance, visit: www.exportfinance.gov.au/covid19.
Mental Health Support
Employers and employees can access mental health support through various means during this difficult time.
For a comprehensive list of the support that is available visit the Australian Government Coronavirus and Mental Health page.
Victorian Government Business Office (VGBO) staffed with Business Development Managers (BDMs) who are specialists in business and industry, can support you and help you navigate any relevant government services, programs and regulations.
Small Business Mentoring Service offers low-cost sessions with a diverse range of mentors that can help you to navigate difficult business decisions, prepare business continuity plans, review your business strategy or revise your business plans.
Small Business Bus
Small Business Bus offering a free 45-minute session over the phone with an experienced business adviser Victorian Small
Responding to difficulty paying rent
Fair work Australia
Coronavirus and Australian workplace laws
Preparing pandemic guide for employers
Australian Banking Association
Australian Banking Association
Advice for export businesses
Export Finance Australia
Export Finance Australia
Work My Own Way
Support for businesses
Gippsland Business Connect
Connecting local businesses - Create a free account
For up to date and factual information regarding the Coronavirus go to the Department of Health website.