Australian Governments, at every level, released stimulus packages aimed at individuals (inevitably those who lose their jobs through this crisis) and at businesses (who play an extremely important role in keeping people employed) in a rapid fire succession of announcements over the last week.
This guide provides an outline of the COVID-19 stimulus and relief packages that have been announced, aimed directly at businesses. Draft legislation is starting to be introduced, and we will update the guide for nuances in the legislation. Only time will tell whether the packages are enough and effective.
Our COVID-19 hub collates important articles and legal advice on various aspects of COVID-19 on how it may impact your business.