Stay up to date with latest advice and information via the Victorian Department of Health & Human Services dhhs.vic.gov.au/coronavirus
Getting back to business
The Victorian Government has announced the gradual easing of restrictions for social events and ceremonies, fitness, sport and recreation, personal services, travel and leisure, culture and entertainment.
Please see our Getting back to business page for more information.
COVID-19 (Coronavirus) resources for business
Businesses across the state can access information on dealing with COVID-19 by calling the Business Victoria hotline on 13 22 15. Business 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.
- Current Stage 3 restrictions details
- Find out if your business can remain open
- Business Victoria – Dealing with COVID-19
- Business Continuity Plan Advice
- COVID-19 Employer Guide – Victorian Chamber of Commerce and Industry
- Managing the exposure to COVID-19 in workplaces
- Managing workplace entitlements and obligations if your staff are affected by the COVID-19 outbreak.
- Preparing for a pandemic: a guide for employers
- Latest information on COVID-19 for exporters
- Smart Traveller – stay up to date with travel advice
- Consumer rights information
Manningham Council has endorsed a package of relief measures to ease the financial burden on residents and businesses affected by COVID-19. This includes:
- Introduction of a COVID-19 local business development program
- 50% discount on selected registration and permit fees in 2020/21
- Payment due date for the fourth quarter rates instalment has been extended to 30 June 2020, with no penalty interest
The Victorian State Government has established a $1.7 billion Economic Survival Package to support Victorian businesses and workers through the impacts of the COVID-19 pandemic.
The package includes the following key programs:
- Payroll Tax Refund
Businesses with annual Victorian taxable wages up to $3 million will have their payroll tax for the 2019-20 financial year waived.
- Liquor Licence fees waived
Businesses that have paid for a renewable liquor licence for 2020 will be reimbursed their licence fee and those yet to pay will have the fee waived.
- Land tax deferral
Land owners due to pay 2020 land tax that have at least one non-residential property and total taxable landholdings below $1 million have the option of deferring their 2020 land tax payment until after 31 December 2020.
- Business Support Fund
Funding of $10,000 per business is available and will be allocated through a grant process. Applications now open until 1 June 2020.
- Working for Victoria Fund
The $500 million Working for Victoria initiative helps Victorians, including people who have lost their jobs due to the economic impacts of coronavirus (COVID-19), find new work opportunities.
- Fast tracking outstanding supplier invoices
- Commercial tenancies relief scheme
For commercial tenants and landlords, the scheme will provide a six-month moratorium on commercial tenancy evictions for the non-payment of rent for small to medium enterprises with an annual turnover under $50 million that have experienced a minimum 30 per cent reduction in turnover due to COVID-19. It will also provide a freeze on rent increases during the moratorium for commercial tenants.
The Federal Government has also announced its economic response to the COVID-19 pandemic.
The support for business includes:
- JobKeeper payment
Affected employers will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020 until 27 September 2020.
Sole traders and self employed people may be eligible to receive the JobKeeper Payment if their turnover has reduced.
Details for sole traders
Details for employers and employees
VECCI’s JobKeeper payment quick employer guide
- Boosting cash flow for employers
Temporary cash flow support to small and medium businesses and not-for-profit organisations that employ staff during the economic downturn associated with the coronavirus.
- Temporary relief for financially distressed businesses
A temporary increase to 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
The instant asset write-off threshold has been increased from $30,000 to $150,000 and expanded access to include businesses with aggregated annual turnover of less than $500 million (up from $50 million).
- Backing business investment
Businesses with a turnover of less than $500 million will be able to deduct 50 per cent of the cost of an eligible asset on installation, with existing depreciation rules applying to the balance of the asset cost.
- Supporting apprentices and trainees
If you employ an apprentice or trainee you may be eligible for a wage subsidy of 50 per cent of their wage paid.
Other financial support
- The Australian Tax Office have implemented a series of relief options
- Some banks can help your business. Discover how your bank can assist you through financial hardships that your business may experience
- CPA Australia have some useful resources for businesses
- The Australian Small Business and Family Enterprise Ombudsman has a my business health portal including information about COVID-19, business inbox and cash flow. The COVID-19 section includes information on finances and mental health resources.
- The Victorian Small Business Commission has information and a mediation service related to dealing with rent. The Victorian Small Business Commission offer a quick, low-cost mediation service that can help provide assistance with resolving small business disputes, including disputes over a retail lease.
Supporting your staff
- Educate and keep your staff regularly updated about what steps your business is taking in dealing with the challenges
- Stress savvy in business and Heads Up for Small Business have advice and resources to help you look after your own mental health and manage mental health issues you may experience in the workplace.
- Support is also available to you and your employees from Lifeline (13 11 14) and Beyond Blue (1300 22 4636 or online chat)
- Find information about working from home from WorkSafe Victoria
- Working for Victoria Fund to assist people who have lost their jobs at this difficult time.
Support local business
Support your fellow traders and continue to purchase essential goods and services from local businesses who will also need your support.
Business Support Program
- Free Business Mentoring – During these free, two hour, confidential, one on one mentoring sessions with experienced business coach Peter Blasch from Maverick Mentoring, you will receive guidance and essential information to assist you to navigate your way through the current business climate. Available throughout April.
- 12 Week Marketing Series – Fully subsidised online program, this marketing makeover series will assist you to shift your thinking and create some practical marketing strategies to tackle current challenges. Places are limited.
- Business Connect – in partnership with Manningham Business Network, connect with other businesses under the Share, Learn and Grow philosophy. Held online on the 2nd Tuesday of each month.
- Business Advisory Service (now FREE) – One-on-one sessions with a small business expert from Box Hill Institute Business Enterprise Centre. Held via Zoom on the 2nd Tuesday of each month.
- Commercial Leases – we recently partnered with a Melbourne Innovation to present a webinar on Commercial Leases and the recent Government announcements. Watch the whole webinar, and register for the follow-up session.
Online webinars, workshops and resources
- The Victorian Chamber of Commerce and Industry are commencing a series of free, regular webinars. They are also offering free 12-month membership.
- ASBAS Digital Solutions are running three online workshops each week which are open to all eligible small businesses free of charge.