TAS COVID - 19 - 31 March 2020
Key developments in the last 24 hours
Tasmanian enforcement of limits on public gatherings for coronavirus (COVID-19)
Public gatherings significantly increase the risk of COVID-19 spreading. On 29 March the National Cabinet agreed to further limit most indoor and outdoor non-essential gathering to 2 people.
Worksites remain open.
Tasmanians should stay at home unless they need to be away from home for the following reasons:
- shopping for supplies or services; or
- undertaking personal exercise; or
- attending medical, or health care, appointments or for medical treatment; or
- providing social support, or care, to another person (including compassionate needs, or to facilitate shared custody, guardianship or care arrangements for another person); or
- attending school or study, if unable to be performed at the person’s home; or
- attending work, or volunteering, if unable to be performed at the person’s home; or
- seeking veterinary services for an animal;
- performing essential maintenance, or security inspections, of another premises owned, or occupied, by the person;
- attending another location if you have a reasonable excuse to attend the location.
Penalties are in place for breaches.
New Tasmanian COVID-19 portal
The Tasmanian Government has launched a new website for all information relating to COVID-19 here.
COVID-19 business support loans
The Business Support Loan Scheme, provided through the Government’s social and economic stimulus package, is now open for applications through the Business Tasmania website.
Given the significant impact the unfolding COVID-19 situation is having on Tasmanian businesses, interest free loans of between $20,000 and $250,000 have been made available to assist eligible local businesses through this difficult time*.
Loans are available for business continuity purposes, such as:
- The purchase of business plant and equipment;
- Improving distribution channels and online shopping accessibility;
- Implementing initiatives to improve the sustainability and viability of the business; and
- Ensuring essential business continuity is maintained.
Applications are available on the Business Tasmania website here.
* Loans will be interest free for the first three years then payable at State Growth’s commercial loan interest rate from year four onwards.
Click here for more on COVID-19 Business Support Loans.
Shared parenting arrangements
The Courts expect that parents will comply with shared parenting arrangements and Family Court orders, but note that:
- if it is impossible to comply in these challenging times, remain calm, reasonable and sensible in trying to reach a compromise;
- if you can reach a compromise, put it in writing;
- there are services that can help you mediate;
- if not, the Courts are open to hear cases electronically.
While measures put in place by the Tasmanian Government to protect the community do restrict some movement, it is vital that parents act in the best interests of their children.
Click here to read more on shared parenting arrangements.
This is a summary of the latest Federal Government announcements a full update can be seen on the NECA website here.
National stimulus package update
The Federal Government has announced the ‘$130 billion JobKeeper Payment’, it is a subsidy to businesses, which will keep more Australians in jobs through the course of the coronavirus outbreak. This package will bring the Government’s total economic support for the economy to $320 billion, or 16.4 per cent of GDP.
- The JobKeeper Payment will be paid to employers, for up to six months, for each eligible employee that was on their books on 1 March 2020 and is retained or continues to be engaged by that employer. Where a business has stood down employees since 1 March 2020, the payment will help them maintain connection with their employees.
- Employers will receive a payment of $1,500 per fortnight per eligible employee. Every eligible employee must receive at least $1,500 per fortnight from this business, before tax.
- The program will commence 30 March 2020, with the first payments to be received by eligible businesses in the first week of May 2020 as monthly arrears from the Australian Taxation Office. Eligible businesses can begin distributing the JobKeeper payment immediately and will be reimbursed from the first week of May.
- The Government will provide updates on further business cashflow support in coming days.
- Eligible employers will be those with annual turnover of less than $1 billion who self-assess that have a reduction in revenue of 30% or more, since 1 March 2020 over a minimum one-month period.
- Employers with an annual turnover of $1 billion or more would be required to demonstrate a reduction in revenue of 50% or more to be eligible. Businesses subject to the Major Bank Levy will not be eligible.
- Eligible employers include businesses structured through companies, partnerships, trusts and sole traders. Not for profit entities, including charities, will also be eligible.
- Full time and part time employees, including stood down employees, would be eligible to receive the JobKeeper Payment. Where a casual employee has been with their employer for at least the previous 12 months they will also be eligible for the Payment. An employee will only be eligible to receive this payment from one employer.
- Eligible employees include Australian residents, New Zealand citizens in Australia who hold a subclass 444 special category visa, and migrants who are eligible for JobSeeker Payment or Youth Allowance (Other).
- Self-employed individuals are also eligible to receive the JobKeeper Payment.
For more information:
- Eligible businesses can apply for the payment online and are able to register their interest here
- JobKeeper Payments – Information for Employers – Fact sheet for employers here.
- JobKeeper Payments – Information for Employees – Fact sheet for employees here.
- Fact Sheet – ‘Supporting businesses to retain jobs’ here.
Income support partner pay income test
Over the next six months the Government is temporarily expanding access to income support payments and establishing a Coronavirus Supplement of $550 per fortnight.
JobSeeker Payment is subject to a partner income test, the Government has announced that it is temporarily relaxing the partner income test to ensure that an eligible person can receive the JobSeeker Payment, and associated Coronavirus Supplement, providing their partner earns less than $3,068 per fortnight, around $79,762 per annum.
The personal income test for individuals on JobSeeker Payment will still apply.
Every arm of government and industry is working to keep Australians in jobs and businesses in business, and to build a bridge to recovery on the other side.
The Government will continue to do what it takes to ensure that Australia bounces back stronger.
Banks will extend 6-month deferral of loans
Australia’s banks will extend the six-month deferral of loans, building on the Australian Business Associations (ABA) ‘Small Business Relief Package’. Businesses with total business loan facilities of up to $10 million (up from the $3 million small business threshold) will now be able to defer repayments for loans attached to their business for six months.
Banks have also agreed to not enforce business loans for nonfinancial breaches of the loan contract (such as changes in valuations). The new measures will apply in all sectors of the economy, and on an opt-in basis, under the conditions that:
- for commercial property landlords, they provide an undertaking to the bank that for the period of the interest capitalisation, they will not terminate leases or evict current tenants for rent arrears as a result of COVID19
- the customer has advised that its business is affected by COVID-19
- the customer was current in terms of existing facilities 90 days prior to applying
- interest is capitalised - meaning either the term of the loan is extended or payments are increased after the deferral period.
Businesses with total loans of more than $10 million may also be eligible for relief, but this will need to be considered on a case by case basis. Banks have developed this relief package following discussions with APRA and ASIC to provide the appropriate regulatory treatment.
Changes to foreign investment framework
The Federal Government announced temporary changes to the foreign investment review framework that are designed to protect Australia’s national interest as we deal with the economic implications arising from the spread of the coronavirus.
Effective from 30 March 2020, all proposed foreign investments into Australia subject to the Foreign Acquisitions and Takeovers Act 1975 will require approval, regardless of value or the nature of the foreign investor.
More information here
Australian energy regulator calls on energy businesses to put customers first
The Australian Energy Regulator (AER) has called on energy businesses to put customers first during the current global health crisis.
Launching the ‘Statement of Expectations of energy businesses: Protecting consumers and the energy market during COVID-19’, the AER has reiterated that energy is an essential service and the energy market has an important role to play in protecting and supporting businesses and the community through the COVID-19 and our recovery.
Key AER expectations include:
- energy retailers offer payment plans or hardship arrangements to all residential and small business customers who indicate they may be in financial stress, regardless of whether the customer meets the ‘usual’ criteria for that assistance;
- no disconnection of any residential or small business customers who may be in financial stress (without their agreement) before 31 July 2020 and potentially beyond;
- deferring referrals of customers to debt collection agencies for recovery actions, or credit default listing until at least 31 July 2020; and
- waiving disconnection, reconnection and/or contract break fees for small businesses that have ceased operation, along with daily supply charges to retailers, during any period of disconnection until at least 31 July 2020.
Key past announcements
For previous announcements, please visit:
For previous announcements, please visit:
Policy proposals/ media releases
Measures to help protect businesses and jobs
NECA has called on the Federal and State Governments to consider a number of measures in an open letter to the Federal Treasurer, the Honourable Josh Frydenberg MP. These measures will help to protect businesses and jobs, and support the Australian economy as it rebuilds following the COVID-19 crisis.
Liquidated damages arising from delays and stoppages
NECA is seeking urgent clarification from the Federal Government in relation to Liquidated Damages that may be imposed as a result of delays or stoppages arising from the COVID emergency. NECA is seeking protection for sub-contractors caught up in this scenario. Once we have clarification we will advise members.
Please monitor the following sources for the latest health advice:
If you notice a change in the way that you or others around you are thinking and feeling, or you feel that you are not coping, then it is important to talk to a health professional.
You can access a range of telephone and online based supports through:
- Beyond Blue, 1300 22 46 36
- Lifeline Australia, 13 11 14
- Mens Line Australia, 1300 78 99 78
- Kids Helpline, 1800 551 800
NECA has a dedicated webpage for all COVID 19 updates here.