March 20, 2020
The Federal Government today postponed the Budget from May to October. The second stimulus package will focus on small and medium-sized businesses and sole traders by providing income support. The government also recommended to restrict gatherings to no more than one person per four square metres, while states and territories will work to ease the burden on commercial and residential tenancies. Funding & Support Updates Banks announce six-month loan deferral for small business Register your interest: Queensland COVID-19 Jobs Supports Loans Understanding what the Federal Government $17.6 billion stimulus package means to you Increasing the Instant Asset Write-Off Boosting Cash Flow for Employers Federal Government Support for Business More updates available at Businessmoretonbayregion.com.au MBRIT Employee Assistance Program MBRIT reminds local businesses that our organisation’s Employee Assistance Program delivered by Max Solutions is now accessible to eligible local businesses operating within our tourism industry.
This service will provide confidential short-term counselling, at no cost to employers and employees of eligible businesses and can be accessed for both professional and personal issues, including financial counselling. For more information please visit www.mbrit.com.au
Stay up to date Stay up to date with the latest COVID-19 information: