AUSTRALIA: COVID-19 FEDERAL GOVERNMENT AND STATE/TERRITORY SUPPORT MEASURES - UPDATE - 8 APR 2020

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AUSTRALIA: COVID-19 FEDERAL GOVERNMENT AND STATE/TERRITORY SUPPORT MEASURES - UPDATE - 8 APR 2020
AUSTRALIA: COVID-19
          FEDERAL GOVERNMENT AND
STATE/TERRITORY SUPPORT MEASURES

                     UPDATE – 8 APR 2020
SNAPSHOT OF SUPPORT MEASURES ACROSS AUSTRALIA                                                                                                                        2

FEDERAL GOVERNMENT

                                 $217                         $5.6                       Funding
                                                                                            and
                                                                                                        $105                                    APRA relaxation of
                                                                                                                                                   certain bank
                                  bn                           bn                        Liquidity       bn                                       requirements
  Consumer and Business                           Health                                                                    Regulator,
 Including: $130bn ‘JobKeeper’ program to      Including: $1.1bn for Health Dept   Including: RBA govt. bond buying,           law                Relaxed legal
 cover employee wages, $14bn income            procurement of PPE, ~$1bn to        RBA $90bn funding facility for ADIs                            obligations for
 support supplement, $40bn new SME loan        underwrite 657 private and NFP      to support SME lending, AOFM $15bn                               financially
 program (50% govt. guaranteed), $31.9bn       hospitals in exchange for COVID-    wholesale funding market support for                             distressed
 payment to SMEs and NFPs to continue          19 capacity, $1.1bn for medicines   small ADIs and non-ADI lenders                                   companies
 operations and maintain staff                 and equipment, $669m for
                                               Medicare-subsidised telehealth

                                                                                    QUEENSLAND                                                        Health
                                                                                                     Economic measures
                                                                                         $3          Consumer: e.g. job loss and                      $1.3
                                                                                                     redeployment assistance, utility bill
                                                                                         bn          assistance                                        bn
                                                                                                     Business: e.g. interest free loans,
                                                                                                     payroll tax deferral

                                                                                        NEW SOUTH WALES                                                  Health
                                                                                                         Economic measures
                                                                                           $3.1          Consumer: e.g. energy payment                  $850
                                                                                                         assistance, long service leave flexibility
VICTORIA                                                                                                                                                 m*
                                               Health
                                                                                            bn           Business support;
                                                                                                         capital works and public asset
            Economic measures
 $1.7       Consumer: e.g. unemployment        $1.8
                                                                                                         maintenance
                                                                                                                                                      *from $750m
            assistance, job matching
  bn        Business: payroll tax refund and    bn
            deferral; business support fund
SNAPSHOT OF SUPPORT MEASURES ACROSS AUSTRALIA (CONTINUED)                                                                                          3

                                                                    NORTHERN TERRITORY
                                                                              Economic measures
                                                                     $131     Business; e.g. jobs rescue and recovery plan,
                                                                              small business survival fund; construction
                                                                      m       industry stimulus

 WESTERN AUSTRALIA
         Economic measures                                                                   AUSTRALIAN CAPITAL
  $1.3   Consumers: e.g. freeze
         on household charges,
                                                                                             TERRITORY
   bn    energy payment                                                                                     Economic measures
         assistance
         Business: e.g. utilities                                                              $225         Consumer: e.g. public housing rental
                                                                                                            support, residential utility concession
         credit, grants, payroll tax
         relief
                                                                                                ^           Business: e.g. rental relief for tenants
                                                                                                            of govt. owned properties, payroll tax
                                                                                                            deferral/waiver, SME power bill rebate,
                                                                                                            infrastructure projects and maintenance
         Health
 $515                                                                                                       Health
  m                                                                                            $126
                                                                                                m

                                                                            TASMANIA                                                Health
             SOUTH AUSTRALIA
                                                                                           Economic measures
                $1.1
                              Economic measures
                              Consumer: e.g. cost of living
                                                                             $835          Consumer: e.g. utility bill cap/        $162
                                                                                           freeze, emergency relief payments
                              concessions, land tax relief                    m^           Business; e.g. interest free loans,      m
                 bn           Business support; road and hospital                          emergency grants, govt. fee relief,
                              upgrades; tourism infrastructure                             payroll tax relief
                                                                            ^from $823m
AGENDA                                             4

> Federal Government measures                5-6

> State and Territory Government measures:

      NSW and VIC                           7

      QLD and WA                            8

      SA and TAS                            9

      NT and ACT                            10

> ANZ contacts                               11
FEDERAL GOVERNMENT SUPPORT                                                                                                                                                                    5
$217B ON DIRECT ECONOMIC MEASURES; $105B WHOLESALE FUNDING SUPPORT; $5.6B ON HEALTH MEASURES
                                           CONSUMER                                                                                          BUSINESS

>   $1.6b (over 3 months) for childcare to pay 50% of sector fee revenue as long as services remain >    Commercial Tenancies – mandatory code in each State and Territory:
    open and do not charge families                                                                       Apply if tenant or landlord eligible for ‘JobKeeper’, where turnover $50m or less
     All parents eligible with priority to those working, vulnerable and disadvantaged children          Landlords must not terminate lease or draw on a tenant’s security
                                                                                                          Tenants must honour the lease
     Additional $453m for pre-schools in 2021
                                                                                                          Landlords reduce rent in proportion to lost turnover, through a combination of
                                                                                                            waivers and deferrals
>   $130b (over 6 months) for a $1,500 (per employee) fortnightly ‘JobKeeper’ payment                     Waivers must account for at least 50%, deferrals must be covered over the balance
     Eligible to employers that have seen turnover fall >30% (50% fall if turnover >$1b); 15%              of the lease term (in no less period than 12 months – starting after the pandemic
       turnover threshold for charities                                                                     period).
     Cover all full-time, part-time, casual (employed >12 months) staff                                  Freeze on rent increases (except retail turnover leases)
                                                                                                          Reduction in statutory charges and benefit of deferrals for banks should be
     Estimated to benefit 6m with payments from 1 May with eligibility status as at 1 March
                                                                                                            shared/passed to tenant

>   $4.8b for one‐off $750 payment to pensioners and income support recipients (majority to be paid >    $31.9b for payments of $20k-$100k to SMEs and NFPs to continue operations and
    in April)                                                                                            retain staff
                                                                                                          100% of salary and wages; $10k-$50k payments
                                                                                                          SMEs with turnover    $14.1b for fortnightly (incremental) $550 coronavirus income support supplement for the next 6
                                                                                                          Available from 28 April through ATO
    months
                                                                                                          Also additional payment from 28 July equal to total of all previous payments under
     Expanding eligibility for existing support payments                                                    this measure
     5,000 extra staff for Services Australia for delivery of new measures                               Benefit 690k businesses; 7.8m employees; 30k NFPs

>   $4b for a further $750 payment to social security and income support recipients (except those    >   Govt will provide 50% guarantee of up to $20b to support $40b in new SME loans
    who will get $550 coronavirus supplement)
                                                                                                     >   $1.3b for a 50% wage subsidy for SMEs to support jobs of 120k apprentices and
     Paid from 13 July to approx. 5m people (approx half of whom are pensioners)
                                                                                                         trainees (Jan-Sept)
     Mutual obligation requirements removed until 27 April
                                                                                                     >   $700m to increase the instant asset write off threshold from $30k to $150k and expand
>   Increase payment eligibility by adjusting partner income taper rates from $48k to $79k               access to include businesses with aggregated annual turnover of    $1.2b to allow those in financial stress to access their super up to $10k in FY19-20 and up to >     $3.2b for time limited 15 month accelerated depreciation (50%) deductions (through to
    $10k in FY20-21 (tax free, without effect on social security payment amounts)                        30 June 2021) for businesses with a turnover      6 month exemption from responsible lending obligations for credit to existing SME
                                                                                                         customers if there is existing borrowing
>   $876m to reduce social security deeming rates by a further 0.25% (from 0.25% - 2.25%)                 Applies to new credit, credit limit increases and credit variations and restructures
                                                                                                             where a proportion of credit used for business purposes
     Benefit 900k pensioners and income support recipients

>   Streamlined (80c per hour) work from home tax deductions (1 March – 30 June)
FEDERAL GOVERNMENT SUPPORT (CONTINUED)                                                                                                                                                            6
$217B ON DIRECT ECONOMIC MEASURES; $105B WHOLESALE FUNDING SUPPORT; $5.6B ON HEALTH MEASURES

              HEALTH AND OTHER INDUSTRY SPECIFIC                                          FUNDING AND LIQUIDITY                                     REGULATION, LEGAL, TAX

HEALTH                                                                        RBA                                                 APRA
> $1.1b ‘Advance to Finance Minister’ for Health Dept procurement of          > Reduces cash rate 25bps to 0.25%                  > Expects ADIs and insurers to limit discretionary capital
  PPE                                                                         > To purchase (semi) govt bonds in secondary          distributions, including deferrals of or prudent reductions
> ~$1b to underwrite 657 private and NFP hospitals in return for                market to reduce 3 year govt bond yield to 0.25%    in dividends
  capacity during COVID-19 response                                           > To provide $90b funding facility to ADIs at 0.25% > Relaxation of CET1 capital expectations (10.5%) during
    Provide additional 30k beds and 105k staff                                 for up to 3% of outstanding lending to SMEs         COVID-19 period
    States will also complete similar agreements with private hospitals                                                          > ADIs do not have to treat loan repayment
> $1.1b for medicines and equipment                                           AOFM                                                  deferrals/holidays under customer support packages as
> $669m for Medicare subsidised tele-health services                          > AOFM to invest $15b in wholesale funding markets    arrears/restructured
> $545m for additional aged care funding                                        used by small ADIs and non-ADI lenders            > Allows RBA funding facility to be included in ADI liquidity
> $500m for hospitals                                                                                                               and stable funding measures
> $230m for CSIRO for testing facility and vaccine work                                                                           > Defers implementaton of Basel III capital reforms by one
> $200m for charities and community organisations                                                                                   year, in line with the Basel Committee
> $150m for domestic violence support
> $74m for mental health support                                                                                                    REGULATION AND LEGAL
> $30m for medical research                                                                                                         > AusPayNet to increase PIN limit for contactless card
> $30m for training of health/aged care workers                                                                                        payments from $100 to $200 for initial 3 month period
> $30m public health communications campaign
> $4.1m for additional ICU online education for 20k registered nurses                                                               > Regulations that temporarily exempt credit licensees from
                                                                                                                                      responsible lending obligations for certain lending to
OTHER INDUSTRY SPECIFIC                                                                                                               existing SME customers
> $7.6m (over 6 months) to waive rent for SMEs/NFPs who occupy Govt
  premises                                                                                                                          > Reducing to $0 the thresholds for all foreign investments
                                                                                                                                      under the Foreign Acquisitions and Takeovers Act, such
>   12 month extension of stay for workers under Seasonal Workers                                                                     that all proposed foreign investments require approval,
    Program and Pacific Labour Scheme                                                                                                 regardless of value or nature of the foreign investor

>   6 month pause on debt raising and recovery activity through Services                                                            > Relax legal obligations for financially distressed business:
    Australia                                                                                                                           Increase threshold for creditors to issue a statutory
                                                                                                                                          demand
>   $1.013b aviation industry package for the refunding and waiving of                                                                  Increase time companies have to respond to statutory
    charges                                                                                                                               demands
      $198m for regional air network                                                                                                   Temporary relief for directors from any personal
      $100m for regional airlines                                                                                                        liability for trading while insolvent.
      $159m upfront benefit based on reimbursements since 1 February                                                                   Corps Act amendments for relief to deal with
                                                                                                                                          unforeseen events
>   $1b for tourism, agriculture and education sectors, including waiver of                                                         TAX
    fees and charges                                                                                                                > Admin relief for certain tax obligations, including deferring
     $110m for international freight assistance for exporters                                                                        tax payments up to four months
     $50m for Export Market Development Grants (EMDGs)
     $10m to waive Australian Fisheries levies
STATE GOVERNMENT SUPPORT: NSW AND VIC                                                                                                                                                             7
      STATE                   CONSUMER                                                BUSINESS                                                  OTHER                            HEALTH
       NSW          >   $30m for Energy Accounts     >    $750m for Small Business Growth Fund with grants up to $10k              >   $500m to bring forward          >   $700m for NSW Health
($3.05b on economic     Payments Assistance                  Applications open until 1 June for SMEs with 1-19 staff; turnover        capital works and               >   $34m for homelessness
    measures +          scheme                                >$75k; and payroll below tax threshold of $900k                          maintenance                     >   $10m to support charities
    $850m (from                                                                                                                                                            and $6m for Lifeline
  $750m) on health >    Long Service Leave            >   Immediate payment of all NSWG suppliers in advance of contracted         >   $250m to employ additional >        $58m for health worker
     measures)          flexibility:                      payment terms                                                                cleaners of public                  accommodation
                         Waive one-month notice             Release $750m into NSW economy                                           infrastructure such as        >     $25m for medical research
                            period for taking leave   >   Additional $750m (total $1b) for a ‘Working for NSW Fund’ to                 transport assets, schools and       and vaccine trials
                            (by mutual agreement)         sustain business, create new jobs and retrain employees (also                other public buildings        >     $11m for
                         Ability to take this leave      includes $250m for additional cleaning services)                                                                 commercialisation of
                            in shorter blocks (rather                                                                              >   $250m to bring forward              research products
                            than traditional monthly         1,000 new staff for Service NSW to be funded                             maintenance on public assets >      $10m to partner with
                            blocks)                   >   Waive payroll tax for ALL businesses for 6 months                            including social housing and        industry to boost domestic
                                                     >    $80m to waive a range of fees and charges for small businesses               crown land fencing                  supply chains
                   >    $34m to boost temporary           including bars, cafes, restaurants and tradies
                        accommodation and private                                                                                  >   Deferral of the parking space
                        rental assistance packages >      $56m to bring forward payroll tax cuts by raising the threshold limit        levy for 6 months
                                                          to $1m in 2020-21
                                                     >    Deferral of gaming tax for clubs, pubs and hotels, and lotteries tax     >   Amend planning
                                                          for 6 months conditional on funds being used to retain staff                 requirements to allow
                                                     >    Deferral of rents for 6 months for commercial tenants with less than         construction sites to operate
                                                          20 employees in all Government-owned properties                              on weekends and public
                                                                                                                                       holidays
        VIC        >    $500m ‘Working for Victoria >     $550m for full payroll tax refunds for FY19-20 to SMEs with payroll                                          >   $1.3b for an additional 4k
($1.7b on economic      Fund’ to help unemployed             $437m for VIC Health
    measures)           infrastructure or delivering                                                                                                                   >   $60m to expedite elective
                        food                          >   $500m to establish a ‘Business Support Fund’ for hardest hit                                                     surgery
                         Administered in                 sectors, including hospitality, tourism, accommodation, arts and                                             >   $30m to expand beds
                            consultation with the         entertainment, and retail                                                                                        capacity
                            Victorian Council of             Administered with the Victorian Chamber, Australian Hotels                                               >   $10m for PPE
                            Social Services and               Association and Ai Group                                                                                 >   $6m for medical research
                            Victorian Trades Hall     >   SMEs can defer payroll tax for first 3 months of FY20-21 until 1
                            Council                       January 2021
                   >    Govt to facilitate job               Will free up $83m
                        matching to find short-term >     Commercial tenants in govt buildings can apply for rent relief
                        or casual roles             >     2020 land tax payments deferred for SMEs
                                                     >    Govt will pay all outstanding supplier invoices within 5 business days
                                                             Release $750m earlier
                                                     >    Waive liquor licensing fees for 2020 for affected venues and small
                                                          businesses
STATE GOVERNMENT SUPPORT: QLD AND WA                                                                                                                                                           8

      STATE                         CONSUMER                                                  BUSINESS                                         OTHER                          HEALTH
       QLD          >   $500m to assist those who lose               >   $500m business loan (up to $250k) facility, interest free >   $50m in gaming machine tax >     $1.2b for fever clinics;
($3.03b on economic     job/income and help redeployment into            for the first 12 months, to enable staff retention            deferrals for pubs and clubs     emergency department
    measures +          key sectors                                       Delivered through Queensland Rural and Industry                                              capacity; acute care
  $1.3b on health                                                             Development Authority                                >   $27.25m aid package              services
     measures)      >   $300m to provide households with $200                                                                          including:                   >   $70m for Mackay Health
                        off their utility bills               >          Defer payroll tax for ALL businesses for 6 months (from        $7m international tourism >    $24.7m for housing and
                                                                         1 Feb 2020)                                                       promotion                    homelessness
                                                                                                                                        $4.8m for the Tropical Far >   $17.5m (over 6 months)
                                                                     >   Refund 2 months; provide a 3 month holiday; and an                North and Gold Coast         for accommodation for
                                                                         additional 6 month deferral on payroll tax to SMEs                regions                      ICU/COVID-19 health
                                                                                                                                        Waiving fees for fishers       workers
                                                                     >   Waiving liquor licensing fees for venues that have had to         etc.
                                                                         close                                                          Waiving liquor license
                                                                                                                                           fees
                                                                     >   Rent relief for businesses occupying state premises            Deferring tourism lease
                                                                                                                                           payments
                                                                     >   $500 power bill rebate to SMEs and sole traders                Rebates for marina and
                                                                                                                                           jetty fees
                                                                     >   Office of State Revenue (OSR) will work with businesses
                                                                         to create repayment plans for any deferred tax liabilities

                                                                     >   QLD Govt to fast track payment of suppliers
        WA          >   $402m to freeze household fees and        >      $237m for a one-off $2,500 utilities credit for SMEs   > $159m for relief fund to       > $500m for health, PPE and
($1.3bn on economic     charges (incl. electricity, water, motor                                                                  support NFPs and community       frontline service delivery
    measures +          vehicle charges, emergency services       >      $165m to waive FY19/20 payroll tax for businesses with   organisations helping people
  $515m on health       levy and public transport fares) until at        payrolls of up to $7.5m until July 2020                  experiencing hardship          > $15m for additional
     measures)          least July 1, 2021                                                                                                                         hospital equipment
                         Budget previously included increase >          $100m to waive (and refund) a range of state licence   > $9m relief package for taxi
                            of 2%                                        fees for SMEs for 12 months                              and on-demand transport
                                                                                                                                  industry
                   >    $116m to double (from $300 to $600)     >        Interest free payment arrangements for transfer duty,
                        and bring forward the Energy Assistance          landholder duty, vehicle licence duty or land tax      > $7m for a one-off $2,500
                        Payment (EAP) for current/future                                                                          utilities credit for charities
                        pensioners and concession card-holders >         $114m in measures:                                       and community organisations
                                                                          Businesses with payroll between $1m and $4m will
                   >    Moratorium on customers in hardship                  receive one-off grant of $17.5k                    > Payment of community
                        having utilities disconnected. No interest           ‒ Will impact 7.4k SMEs                              service providers (until 30
                        charges on deferred bill payments                 Bring forward (by 6 months) increase in payroll tax    June) irrespective of service
                                                                             threshold to $1m to 1 July 2020                      provision
                   >    Interest free payment arrangements for               ‒ Will impact est. 11k SMEs
                        transfer duty, landholder duty, vehicle
                        licence duty or land tax                >        $25m to waive rental for SMEs and NFPs in Govt owned
                                                                         buildings for 6 months
                   >    Keystart customers can defer principal            Also allow pastoral lease holders to request rent
                        repayments and waive interest costs by               payments be reduced, waived or delayed
                        up to 6 months
STATE GOVERNMENT SUPPORT: SA AND TAS                                                                                                                                                          9
    STATE                      CONSUMER                                          BUSINESS                                                OTHER                                 HEALTH
      SA          >   $30m in Cost of Living Concessions     >   $650m Jobs Rescue Package, including:            >   $350m on a range of measures, including         >   Bring forward (to
    ($1.1b)           with $500 one-off boost and bring           $300m Business and Jobs Support Fund               road and hospital upgrades, new tourism             April) upgrade of
                      forward for households receiving              to directly assist individual businesses          infrastructure and increased funding for SA’s       Flinders Medical
                      the Centrelink JobSeeker Payment              and industry sectors                              Economic and Business Growth Fund to                Centre (FMC)
                  >   $13m in land tax relief, including          $250m Community and Jobs Support                   support industry                                    emergency
                       Ability to defer qtrly bills in             Fund to help training and new skills               Specific details yet to be decided, but           department
                          FY20 for 6 months;                 >   $60m for payroll tax relief                              likely centered on existing projects that
                       Increase Land Tax Transition              6-month waiver for SMEs (up to $4m                     can be brought forward
                          Fund from 50% to 100% in                  payroll) April to September                   >   Defer costs linked to exploration and licence
                          FY21                                    6-month deferral for business (over $4m            fees for the minerals and petroleum sectors
                  >   Access to accrued leave for public            payroll)                                          until 31 December
                      sector workers where a family          >   Waive liquor license fees in FY21 for 2020-21    >   $16m VET Market Continuity Package to
                      member has lost their job                                                                       support non-govt training providers
                                                                                                                  >   $1.6m for charities and food relief
                                                                                                                      organisations
      TAS         >   $20m to cap electricity prices and     >   $50m (previously $20m) for SME (turnover         >   $150m (previously $50m) in interest free        >   $150m for essential
 ($835m (from         freeze water bills and fire levy for          $13m to waive/refund school levies         exports sectors                                  >   $50m for the maintenance of public buildings    >   $5m for child safety
  measures +          in 2020                                >   $40m Small Business Grants Program with              over 12 months                                      and family violence
$162m on health   >   $6.7m to freeze rent for social            $20m for emergency grants of $2.5k               >   $3.7m to waive fees for Rock Lobster, Crab,         systems
   measures)          housing tenants                        >   Waive and refund all FY20 payroll tax for the        Abalone farmers for 12 months                   >   $4m mental health
                  >   Increase funding for Private Rental        hospitality, tourism and seafood sectors and     >   $2.5m (previously $670k) to waive fees and          support
                      Incentive Scheme by up to 75               for SMEs with payrolls    $3m for primary
                      houses                                 >   Govt fees for SMEs frozen, waived and            >   $2m sporting club grants program                    healthcare
                  >   State Govt casual workers will             capped:                                          >   $2.6m towards an air freight service for time
                      receive 2 weeks special leave if            Water and electricity bills waived for             sensitive freight (e.g. seafood)
                      required to self-isolate                       SMEs on first qtr bill after 1 April         >   $1.5m for Creative and Cultural Industries
                  >   Emergency relief payments of $250           Electricity bills capped and water bills           and extend arts organisation contracts by 12
                      for individuals and up to $1000 for            frozen in FY21                                   months
                      families required to self-isolate           Other fees and charges to be frozen            >   $5m (previously $1m) for Salvation Army,
                  >   $1m for emergency                           Waive certain fees for heavy vehicles and          The Red Cross and Rural Business Tas
                      accommodation support for those                registration                                 >   $240k to waive annual taxi licence fees for
                      placed on home quarantine              >   $6.3m for Rapid Response Skills Initiative to        2020
                  >   $1m for front line worker                  assist with worker retraining / skills (up to    >   $100k for Tourism Industry Council of
                      accommodation                              $3k per individual) and establish                    Tasmania and the Tasmanian Hospitality
                  >   Extend the First Home Owners               redeployment pool                                    Association
                      Grant at $20k for a further 24         >   $750k for Business Continuity Advice service     >   $80k for Tasmanian Chamber of Commerce
                      months to 30 June 2022                     (incl. $50k Small Business Council; $200k            and Industry
                                                                 THA; $200k Rural Business Tasmania)              >   Removal of the efficiency dividend on State
                                                             >   Digital Ready for Business Program, to assist        Government agencies over the forward
                                                                 businesses go online                                 estimates
                                                             >   Youth employment payroll tax rebate scheme       >   50% discount on liquor licencing fees and
                                                                 from 1 April 2020                                    waive all application fees for 2020
                                                             >   $2.1m for one-off $5,000 grants for              >   Waive tourism operator lease, license and
                                                                 businesses that hire an apprentice or trainee        entry fees in Q4-20
                                                             >   Reducing payment terms by government             >   $2m per month to support racing industry
                                                                 from 30 to 14 days
TERRITORY GOVERNMENT SUPPORT: NT AND ACT                                                                                                                                                       10

    STATE                      CONSUMER                                             BUSINESS                                           OTHER                              HEALTH

      NT                                                    >   $65 million Jobs Rescue & Recovery Plan                    >   $11m construction industry
   ($131m)                                                       $30m Home Improvement Scheme with (matched)                  stimulus (building 15 new
                                                                   grants up to $6k                                            classrooms)
                                                                 $20m for Business Improvement Scheme with
                                                                   matched grants of up to $20k
                                                                 $5m Business Structural Adjustment to upgrade
                                                                   online presence etc. eligible to all business with a
                                                                   focus on hospitality sector
                                                                 $5m Immediate Works Grant for not-for-profit and
                                                                   community organisations of up to $50k
                                                                 Freezing SME Fees and Charges and Electricity
                                                                   Prices until 1 July 2021

                                                            >   $50m Small Business Survival Fund
                                                                 $2k-$50k Survival Payments
                                                                 $1k-$5k Rapid Adaption Payment

                                                            >   $2m Tourism Resilience Plan with grants up to $50k

     ACT           >   $250 rental support for all          >   Landlords eligible to apply for a waiver or rebate on      >   $20m on infrastructure        >   $126m for additional health
  ($225m on            public housing tenants                   their commercial rates, tied to the rental relief passed       projects and maintenance on       facility infrastructure and
   economic        >   $200 one-off rebate for                  onto their tenants                                             local schools, roads, and         equipment
  measures +           residential utility concession       >   Rental relief to tenants of ACT Government owned               public transport
$126m for health       holders                                  properties                                                 >   $5m for NGO’s for
   measures)                                                                                                                   emergency relief /
                   >   $150 rebate on residential rates     >   Defer the issue and payment of Q4 commercial rates
                                                                instalments by 4 weeks                                         community support
                   >   Freeze on ACT Government fees
                       and charges                          >   Access to interest free deferrals of payroll tax           >   $1.5m for the Clubs
                                                                commencing 1 July 2020 for all businesses up to a              Diversification Fund to
                   >   Encourage rent reductions by at
                                                                payroll of $10m (SMEs up to $2m payroll already                support employment
                       least 25% by sharing the cost
                       reduction 50/50 basis, capped            exempt)                                                    >   $500k grants funding for the
                       at $1,300 per quarter                     Anticipated to free up additional $100m of funds             arts sector
                   >   Delay the issuing and payments       >   6 month waiver on payroll tax for hospitality, creative    >   $100k for Lifeline ACT
                       dates of all general rates notices       arts, entertainment and construction industries            >   'Jobs for Canberrans' fund to
                       by 4 weeks                           >   $750 rebate for small business owners to help with             allow ACT Government
                   >   Defer general household rates            power bills                                                    Directorates to continue
                       for 12 months with no interest                                                                          employing people
                                                            >   Waiving of fees for food business registration and
                       applied                                  liquor licencing fees and outdoor dining fees              >   Funding for Clubs who
                                                                                                                               surrender gaming machine
                                                            >   Rebate on the fixed charge on commercial rates for
                                                                                                                               authorisations
                                                                properties with an AUV below $2m
                                                            >   ACT Govt to expedite payment of bills to SMEs
                                                            >   One-off $5k to taxi drivers who lease their taxi plates
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