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.
Please visit: https://treasury.gov.au/coronavirus/businesses to find out more.
The JobKeeper payment is intended to provide wage subsidies to businesses that are significantly affected by COVID-19.
Find out more or register here: https://www.ato.gov.au/general/gen/JobKeeper-payment/
To better understand your eligibility for support, you should talk to your accountant or adviser who will be able to provide the required analysis, help you determine the eligibility requirements and assist with the application process.
This information is current as at 1 April 2020