*|MC:SUBJECT|*

 

The State Government’s Jobs Rescue Package 

Updated 22 April 2020 

The State Government’s Jobs Rescue Package includes: 

 $10,000 Emergency cash grants for small businesses

Small businesses and not-for-profit entities that employ South Australians who have been highly impacted by the COVID-19 pandemic may be eligible to receive a $10,000 grant to support the operation of their business.

To be eligible, businesses and not-for-profits (including eligible sporting and community organisations) will need to:

  • Have an Australian Business Number (ABN) and were operating a business and employing people in South Australia as at 1 March 2020
  • Have an annual turnover of more than $75,000 (excluding GST)
  • Have total Australian payroll of less than $1.5 million, and not be entitled to a payroll tax waiver under COVID-19 support measures introduced by the South Australian Government
  • Have been subject to closure or highly adversely impacted by COVID‑19 related restrictions

Visit the State Government’s $10,000 Emergency Cash Grants for Small Businesses page to start your application.

Payroll tax relief for business groups with annual Australian wages of up to $4million

Information is available at https://www.revenuesa.sa.gov.au/grants-and-concessions/covid19-relief and a list of Frequently asked questions is available here.


Business and Jobs Support Fund

The South Australian Government has expanded its “Economic and Business Growth Fund” to support businesses, jobs and the community impacted by COVID 19.

It aims to promote economic growth in South Australia by encouraging growth of existing industries, developing new industries, building international connections, and attracting foreign and national direct investment.

The Government is keen to ensure that the support it provides is tailored to the needs of each industry sector.  It is encouraging organisations to work with their representative bodies and associations to provide submissions that represent the needs of the industry as a whole.  This will enable the Government to consider how it can provide tailored support that is consistent across the sector, rather than dealing with companies individually.

Members are invited to suggest ideas for an initiative or project that would benefit the legal profession, that would have broad economic benefits.  Please send your suggestions to eoi@lawsocietysa.asn.au.

The Criteria for the Fund are included in the Economic and Business Growth Fund Guidelines

Find out more about eligibility and how SA businesses can access the above and other measures including land tax relief, and how employees affected by the pandemic can access financial support at the SA Government’s Economic Response Package site.