COVID-19 Support Measures

Disclaimer

 

The AADA has tried to ensure the accuracy of the material contained in this document, nevertheless the AADA does not make any representations or warranties regarding the accuracy or completeness of the material contained in this document.

You are responsible for assessing the accuracy of the material and rely on it at your own risk. Given the quickly evolving nature of the COVID-19 pandemic, please note that the contents are valid as at 8 April 2020. You should confirm details of specific measures with the relevant government agencies.

The AADA excludes all liability for loss or damage (including indirect or consequential loss or damage), which may be incurred in connection with your use or reliance on the material contained in this document(other than liability which cannot be lawfully excluded).

The information provided in this document is of a general nature only and is not financial or legal advice. You should consider the appropriateness of this information for your specific circumstances and consider obtaining independent financial, legal or other professional advice.

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.

Please contact BDO Automotive Partners Mark Ward (mark.ward@bdo.com.au) or Randall Bryson (randall.bryson@bdo.com.au).

 

Support Measures

 

Summary of Commonwealth Government Initiatives

JobKeeper Payments

Increasing the Instant Asset Write-Off

Backing Business Investment

Temporary Relief for Financially Distressed Businesses

Tax Payments Support Plan

Boosting Cash Flow for Employers

Quick and Efficient Access to Credit for Small Business

Coronavirus SME Guarantee Scheme

Mandatory Code for Commercial Leasing

Supporting Apprentices and Trainees

Childcare Stimulus

Banking

States and Territories