The Australian Government has unveiled a coronavirus economic stimulus package to support affected individuals, businesses, and the broader community. This package covers an increase in cash flow assistance of up to $100,000 to help SMEs continue paying wages, wage subsidies for eligible employers of trainees and apprentices, income support for sole traders and the self-employed, early access to superannuation, and temporary relief for financially distressed businesses. Moula has provided more detail on what Australian SMEs need to know. For the full scope of the package and to see if you’re eligible to claim assistance, please refer to the Australian Government’s Economic Response to the Coronavirus.
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“The team at Clickcapital were amazing. I needed funds to fit out a new surgery. I applied online and within 2 days I had the money in my account”
Jane , Vet, WA
“I have just taken on two new apprentices and we needed a capital injection to keep us going in between getting paid for jobs. Clickcapital’s Unsecured Business Loan was perfect for us. It kept us going in between being paid”
Russell, Builder, NSW
“We have just set up our second practice. We needed a fast injection of capital to finish the fit out and pay for advertising. Clickcapital had their lenders calling us within an hour of applying and we had the money by the end of the week.”
Michael, Dentist, NSW
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