COVID-19 Information & Support for Business
NAVIGATE ASSISTANCE MEASURES AND RESOURCES
RDA Gold Coast are working closely with government agencies regarding COVID-19. This page is aimed at assisting Gold Coast businesses navigate assistance measures and resources from the three levels of government and other relevant agencies in this unprecedented global situation. It will be updated regularly.
You can also get up-to-the-minute information by following the RDA Gold Coast Facebook page.
COVID-19 SURVEY FINDINGS RELEASED
RDA Gold Coast has released the findings for the COVID-19 RDA Gold Coast Business Impact and Information Survey.
This survey was undertaken to help us to identify the impact COVID-19 has had on your business and to support the development of future programs and opportunities relevant to your needs. To download the full report, click on the button below.
SUPPLY CHAINS AND ESSENTIAL PRODUCTS
The Queensland Government Department of State Development, Manufacturing, Infrastructure and Planning (DSDMIP) are focused on supporting the following current priorities:
Manufacturer’s Supply Matching Request Form
Gold Coast businesses who have supply chain needs or can support other supply chains are asked to register this via the Manufacturer’s Supply Matching Request form. This is an important channel to direct businesses to which is providing support to identified supply chain needs/opportunities.
Qld Gov COVID-19 Manufacturing Supply Chain support webpage
This new dedicated webpage on the ICN Gateway which will streamline the matching of businesses who can potentially fill the supply chain gaps. It will provide a platform for businesses who are able to supply to register their business profile and capabilities.
Essential Products (contact RDA Gold Coast)
Gold Coast businesses who are involved with identified PPE and essential products are requested to advise RDA Gold Coast and this information will be forwarded onto DSDMIP.
FEDERAL GOVERNMENT SUPPORT
Find financial assistance, eligibility and timing for the new Federal Government support for Australian businesses at www.business.gov.au
Support is available to sole traders, employers and companies.
JobKeeper Payment (Fact Sheet)
If your business has been significantly impacted by the Coronavirus you will be able to access a wages subsidy to continue paying your employees.
Boosting cash flow for employers (Fact Sheet)
The Government is providing up to $100,000 to eligible small and medium-sized businesses, and not for-profits that employ people, with a minimum payment of $20,000.
Temporary relief for financially distressed businesses (Fact Sheet)
The Government is temporarily increasing the threshold at which creditors can issue a statutory demand on a company and the time companies have to respond to statutory demands they receive.
Increasing the instant asset write-off (Fact Sheet)
The Government is increasing the instant asset write-off threshold from $30,000 to $150,000 and expanding access to include businesses with aggregated annual turnover of less than $500 million (up from $50 million) until 30 June 2020.
Backing business investment (Fact Sheet)
The Government is introducing a time limited 15 month investment incentive (through to 30 June 2021) to support business investment and economic growth over the short term, by accelerating depreciation deductions.
Supporting apprentices and trainees (Fact Sheet)
The Government is supporting small business to retain their apprentices and trainees. Eligible employers can apply for a wage subsidy of 50% of the apprentice’s or trainee’s wage for 9 months.
Support for Coronavirus-affected regions and communities (Fact Sheet)
The Government will set aside $1 billion to support regions most significantly affected by the Coronavirus outbreak. These funds will be available to assist during the outbreak and the recovery.
Supporting the flow of credit (Fact Sheet)
The Government will provide a guarantee of 50 per cent to SME lenders to support new short-term unsecured loans to SMEs
QUEENSLAND GOVERNMENT SUPPORT
For the full list of information and assistance for business from the Queensland Government, visit www.business.qld.gov.au
Business closures
Latest info on business closures. Businesses, activities and undertakings deemed non-essential must not operate until the end of the declared public health emergency.
Queensland border closures
Information about Queensland state border access restrictions, including who is exempt.
Temporary relief for financially distressed businesses (Fact Sheet)
You may be eligible for one or more of a range of payroll tax relief measures.
Power bill relief
Your business may be eligible for a $500 rebate off energy bills if you consume less than 100,000kWh. This will be automatically applied on your business electricity bills.
Business Support Fact Sheet
Read a summary of Queensland Government support for businesses
Business Impact Survey
Take our business impact survey so we can link you with relevant support.
$500 million in loans to support workers in businesses
A new $500 million loan facility for businesses, interest free for the first 12 months
Market Diversification & Resilience Grants
For Queensland agriculture, food, forestry and fishing exporters and their critical supply chain partners
CITY OF GOLD COAST SUPPORT
City of Gold Coast has introduced measures designed to provide immediate financial support for local businesses currently in survival mode with reduced revenue and significant cash flow difficulties.