The COVID-19 Stimulus and support measures

This guide provides a reference to the COVID-19 related tax and financial support potentially available to members. It can be a confusing and frustrating time, but we are here to help you work through it and ensure that you are able to access the support that is available to you.

Contents covered in this guide include;

  • Information on the JobKeeper subsidy, who is eligible, how the support is calculated and provided
  • Tax-free payments up to $100,000 for employers, who is eligible, how the support is calculated and provided
  • Increase and extension of the instant asset write-off
  • Accelerated depreciation deductions
  • Wage subsidy of up to 50% of an apprentice or trainee wage
  • ATO access and support
  • Access to financial support and the underwriting of small business loans
  • Support from State and Territory Governments broken down per state
  • What is available for individuals?
  • Relief for financially distressed individuals and businesses
  • Affects on our superannuation

Please download the PDF Document for more information.