Business update: Jobs Rescue and Recovery plan
An update for businesses on the Business Hardship Package, the Territory's roadmap to the new normal and the business health check tool.
Business Hardship Package
Territory businesses that have experienced significant hardship due to coronavirus (COVID-19) can now apply to receive support under the Business Hardship Package.
Support is available to Territory businesses with a turnover less than $50 million who can demonstrate a reduction of turnover of 30% or more due to coronavirus (COVID-19).
Once approved for the hardship register, businesses will receive a business hardship certificate that they can use to access relevant concessions such as payroll tax, utilities, rents and rates being offered as part of the Business Hardship Package.
Registration will enable businesses to apply for:
- waiving or deferring payment of payroll tax
- reducing utilities bills
- providing incentives for commercial landlords to reduce rents
- reducing or deferring rates, and
- other relief which may be offered from time to time.
For more information or to apply go to the Business Recovery website.
The Territory's roadmap to the new normal
A three step principal-based roadmap has been planned to get the Northern Territory back in business, back to work and back to enjoying the great Territory lifestyle.
Stage one adjustments will commence from noon on Friday 1 May for simple and safe outdoor activities where physical distancing can be maintained at all times.
Stage two activities can commence from noon on Friday 15 May and includes safe indoor activities for less than two hours.
From noon on Friday 5 June, the two-hour time limit will be removed and restrictions will ease on further indoor activities.
All Territory businesses, services, facilities and organisations should have their own coronavirus (COVID-19) safety plan in place by 5 June 2020.
Read the roadmap to the new normal on the Coronavirus website.
Business health check tool
The business health check tool has been developed to help Territory businesses assess their position in the current coronavirus (COVID-19) environment.
The free online tool is a great starting point to assess the current health of your business, identify areas that could help your business going forward and assist you in accessing services and initiatives available through government.
The business health check assesses your overall business health score across five areas:
- cash flow and finance
- technology and digital
- customers and communication
- people and workforce
- continuity and resilience.
Each of the five areas contains a series of questions that covers aspects of organisational health for your business and takes around 15 minutes to complete.
Complete your business health on the EY Sweeney website.
DTBI on Mix104.9
The Department of Trade, Business and Innovation's Chief Executive Officer Shaun Drabsch will be on Mix104.9 to discuss programs, support and advice available to Territory businesses.
To get the latest news from the department, tune in to Mix104.9 every Tuesday and Thursday from 11:20am.