Support available for you & your trade business in Victoria
COVID-19 Disaster Payment
A $450 payment for people who have lost 8-20 hours or a full day’s work over seven days, and $750 for 20 hours or more.
Eligible workers, micro-businesses and sole traders across the state who lose work or income due to the lockdown may be eligible for the Commonwealth’s COVID-19 Disaster Payment.
How to apply
Applications for the Commonwealth COVID-19 Disaster Payment are made through the Services Australia website. Victorian micro-businesses and sole traders can receive assistance in making their application via the Business Victoria Concierge Service and by calling 13 22 15.
Apprentice wage subsidies
The Boosting Apprenticeship Commencements wage subsidy supports businesses to take on new apprentices and trainees to build a pipeline of skilled workers to support sustained economic recovery.
Any business that engages an apprentice or trainee on or after 5 October 2020 may be eligible for a subsidy of 50 per cent of wages paid to an apprentice between 5 October 2020 and 31 March 2022, to a maximum of $7,000 per quarter. This program is available for existing workers under specific circumstances.
The ATO will tailor solutions for owners or directors of businesses that are currently struggling due to COVID-19.
Contact the ATO on 1800 806 218 or visit the ATO website at ato.gov.au for more information.
Mental Health support
Our employee assistance program is open for our customers too. For free counselling support on a variety of issues including general counselling and wellbeing support by qualified psychologists, simply phone 1800 808 374, or visit https://www.assureprograms.com.au/
For immediate support: Beyond Blue and Lifeline offer assistance 24 hours a day.
Beyond Blue: 1300 22 4436
Lifeline: 13 11 14
Note: Reece is not a financial advisor, you should consider seeking independent legal, financial taxation or other advice to see how business and personal finance support available relates to your unique circumstances.