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Supporting Australia through Coronavirus

Support for Australians

JobMaker Hiring Credit

The $4 billion JobMaker Hiring Credit will be payable for up to 12 months for each new job and is available from tomorrow to employers who hire eligible employees aged 16-35.

Skills and training

Our JobMaker Plan includes the establishment of the $1 billion JobTrainer Fund to create up to 340,000 free or low cost training places for school leavers and job seekers.

Tax Relief

The Budget provides an additional $17.8 billion in personal income tax relief for more than 11 million hard-working Australians to support the economic recovery, including an additional $12.5 billion over the next 12 months.

Building our capability

The Budget invests $1.5 billion in our Modern Manufacturing Strategy – ensuring we have an internationally competitive and resilient manufacturing sector, and in the process create more high value jobs.

We are also helping to secure our future by providing:

  • an additional $2 billion through the Research and Development Tax Incentive
  • $1 billion for new research funding for our universities
  • $1.9 billion in new funding to support low emissions and renewable technologies

Support for Businesses

Infrastructure

The Government’s infrastructure investments are supporting 100,000 jobs on worksites across the country.

The Budget expands our record 10 year infrastructure pipeline to $110 billion.

Increasing the instant asset write-off

Lifting the threshold to $150,000 (from $30,000) and making more businesses eligible to use it.

Backing business investment

Offering businesses a time-limited 15 month incentive to invest, by accelerating depreciation deductions.

Supporting apprentices and trainees

Wage assistance to help small businesses to keep their apprentices and trainees.

Assistance to business to keep people in a job

The Government is providing temporary cash flow support of up to $100,000 to eligible small and medium-sized businesses, and not-for-profits, so they can keep operating, pay their rent, electricity and other bills and retain staff.

For more information visit australia.gov.au

Scott Buchholz MP

Meet Scott

Scott believes that he shouldn’t ask any of his staff to do a shift or job he hasn’t done himself.

BiographyFirst Speech

Working for Wright

Real life experience underpins Scott’s empathy with and understanding of
small business and regional Australians who endure many complex challenges

Meet Scott

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