The unprecedented COVID-19 crisis has seen all levels of government in Australia develop a range of support measures for both businesses and individuals. These measures are evolving as the scope of the crisis and its effects become visible, therefore programs are being defined and enacted on an ongoing basis. At this stage, most programs have a timeframe of six months, but this will be reviewed according to the circumstances at the time.
The attached AADA COVID-19 Members Pack provides details on the various programs as they stand at 8 April 2020. The AADA has also created a page on our website that contains all relevant stimulus measures as introduced by the Australian Government. The AADA will be sending updates as new measures are introduced or further details become available.
For further information and more detailed advice, AADA have partnered with BDO’s specialist Automotive team to assist Dealers in understanding the federally provided assistance packages and how they apply.
BDO will provide general advice in the first instance, however, please be aware that more thorough Dealer specific advice will incur a cost as agreed between the Dealer and BDO.