WA Government $1b Relief Package

On Tuesday 31 March 2020, the McGowan Labor Government unveiled a $1 billion economic and health relief package to support Western Australian businesses, households and community groups, and to boost the response by health and front line services to the COVID-19 pandemic.

The package includes:

  • Further relief for households experiencing financial hardship due to COVID-19, including extension of the Energy Assistance Payment, no disconnections for power and water and additional support for Keystart customers
  • $502 million for small businesses including a reduction in electricity bills, licences fees waived, and additional payroll tax relief
  • New initiatives to apply until 30 September 2020
  • An additional $500 million allocated to health and other front line service delivery, and capacity for additional industry support
  • Budget deferred until 8 October 2020 for Government to focus on COVID-19

The package builds on the $25 million rent relief package for businesses operating on government-owned premises and $159 million Lotterywest funding package to assist community services impacted by COVID-19, announced earlier this week.

It also comes on top of the $607 million in relief and stimulus measures announced earlier in March, and the Government continues to roll out the $760 million in economic stimulus measures announced in late 2019.

The attached newsletter goes into more detail about the recent announcements. If you would like to discuss any of the above further, we encourage you to contact your Byfields accountant.

Click below to download the full newsletter

WA Government $1 billion COVID-19 Economic and
Health Relief Package Unveiled

Share this

Explore The Latest News from Byfields