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FEDERAL STIMULUS PACKAGES

The federal government has released stimulus under three categories

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A BIA summary webinar can be found here

SUPPORTING INDIVIDUALS AND HOUSEHOLDS

  • Income support for individuals

  • Payments to support households

  • Temporary early release of superannuation

  • Temporarily reducing superannuation min drawdown rates

  • Reducing social security deeming rates

SUPPORT FOR BUSINESSES

  • Jobkeeper payment - ext

  • Cash flow support for SME

  • Temporary relief for distressed businesses

  • Increase instant asset write-off

  • Backing business investment

  • Supporting apprentices and trainees

  • Support for sole-traders

SUPPORTING FLOW OF CREDIT

  • SME Guarantee scheme

  • Quick and efficient access to credit

  • Reducing cost of credit

  • Support in teh securisation market

  • Australian prudential regulation

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Federal Stimulus: List
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