In response to the COVID-19 pandemic and its significant impact on local businesses, community organisations, industry sectors and jobs, the South Australian Government announced the establishment of two funds to support businesses, jobs and community organisations:
A priority for both the Funds is the ongoing survival of entities and minimising job losses.
The Funds also support industry sector and economy-wide recovery programs. Funding is not intended to be used to support individual business expansion plans, but is targeted towards recovery in sectors and across the economy.
As part of the 2020-21 Budget, additional funding was allocated to both Funds bringing the total funding allocation to:
- $530 million for the Business and Jobs Support Fund; and
- $265 million for the Community and Jobs Support Fund.
Funding decisions already taken mean there is limited remaining capacity in both funds.
Any queries in relation to the Business and Jobs Support Fund or Community and Jobs Support Fund or submissions seeking Government assistance from these Funds can be lodged at:
Submissions should seek to highlight the impacts of COVID-19 through loss of income and other impacts.
Individual businesses and community organisations are encouraged to work through their representative bodies, where possible, to make submissions to Government so that the broad impacts across each sector can be fully understood.
Through the Community and Jobs Support Fund the Government will also consider submissions that highlight additional community services which are required to respond to demands directly resulting from COVID-19.
As part of the Jobs Rescue Package and economic stimulus package , the Government is also providing the following support to businesses and households:
Local Government Infrastructure Partnership Program
The South Australian Government has announced the Local Government Infrastructure Partnership Program which will support councils to accelerate spending on community infrastructure projects that contribute to the future economic growth of their region, or support the Government’s Growth State agenda, or improve local infrastructure facilities for businesses and community organisations to enable them to grow in the future.
The South Australian Government has committed $100 million which is intended to leverage at least $200 million investment in local government infrastructure.
Eligible infrastructure projects may include construction or major renewal, replacement or upgrades to community facilities including:
Under the program, the State Government will provide grants to councils for up to 50 per cent of the cost of approved infrastructure projects. Councils will fund their contribution either through their own reserves or borrowings. Infrastructure projects can include other funding partners, including the Commonwealth Government and/or local businesses.
Applications for the grant will close on 29 January 2021.
Any questions on the Program can be submitted to DTF on LGinfrastructuregrants@sa.gov.au
Residential Rental Grant Scheme - Second Round
The South Australian Government has announced a second round of rental grants of up to $1,000 for residential landlords who reduce the rent of a tenant experiencing rental hardship due to the COVID-19 pandemic.
To be eligible for a second grant, an agreement will need to be in place (eg. revised rent agreement) that reflects that the landlord has provided rent relief to a tenant since 1 October 2020 and/or will provide such relief before 30 March 2021 (inclusive).
Residential landlords are eligible for a second grant irrespective of whether they received a rental grant in the first round (where appropriate relief has been provided).
Applications for the second round of rental grants will close on 30 March 2021.
The application deadline for the first round of rental grants has also been extended to 30 March 2021.
To be eligible for a first round grant, an agreement will need to be in place that reflects that the landlord has provided rent relief to a tenant since 30 March 2020 and provided such relief before 30 September 2020 (inclusive).
To be considered as being in rental hardship, a residential tenant must be significantly impacted by the COVID-19 pandemic, have less than $5,000 in savings and pay more than 30% of their current income in rent.
The tenant and landlord need to demonstrate that a revised rental agreement has been negotiated as part of the application process.
A temporary rent reduction agreement template can be found here:Temporary Rent Reduction Agreement Template
The amount of the rental grant will be calculated on the revised agreement and will be paid to the landlord to offset the provision of reduced rent to the affected tenant.
The rental grant is available for a multi-occupancy house, pro-rated for tenants that meet all other eligibility criteria required under the scheme.
The rental grant is in addition to any land tax relief provided under the Government’s scheme for landlords.
The Department of Human Services administers the rental grant scheme.
For more information, visit the Frequently Asked Questions page.
Small Business Grants Round 2
The Small Business Grant program provides support to South Australian small businesses that are highly impacted by the COVID19 pandemic.
The first round of Small Business Grants opened 21 April 2020 and closed 1 June 2020.
The second round of Small Business Grants includes $10,000 grants for eligible small businesses that employ staff and are receiving JobKeeper from 28 September 2020 (JobKeeper extension 1) or from 4 January 2021 (Jobkeeper extension 2). The second round also introduces $3,000 grants for small businesses that do not employ staff, are operating from commercial premises, and are receiving JobKeeper extension 1 or 2.
Applications for the grant will be open until midnight 28 February 2021.
Visit Small Businesses Grants to start your application.
Payroll tax relief
A number of payroll tax relief measures have been introduced to support businesses during the COVID-19 pandemic, including:
- An exemption of all Commonwealth JobKeeper payments from payroll tax.
- A 15 month waiver of payroll tax due over the period April 2020 to June 2021 (relating to the payroll tax return period March 2020 to May 2021) for businesses and business groups with annual Australian grouped wages below $4 million.
- a six month waiver of payroll tax due over the period January 2021 to June 2021 (relating to payroll tax return period December 2020 to May 2021) for businesses that are eligible for the extended Commonwealth JobKeeper payment from 4 January 2021.
- Up to a nine month deferral of payroll tax due over the period April 2020 to December 2020 for businesses with annual wages above $4 million adversely affected by COVID-19. Extended repayment arrangements for deferred payroll tax are also available.
- A 12 month payroll tax exemption for wages paid to eligible new apprentices and trainees who commence a relevant contract of training with an employer from 10 November 2020 to 30 June 2021.
Further information is available at https://www.revenuesa.sa.gov.au/grants-and-concessions/covid19-relief
Land tax package
From July 2020, the South Australian Government’s significant land tax reforms began delivering $200 million in savings to investors and landlords over the next three years.
In addition, the Government has announced land tax relief measures to support residential and non-residential tenants and land owners impacted by COVID-19. These measures include:
- Residential and non-residential landlords can receive up to a 50 per cent reduction on their 2019-20 land tax liability on affected properties. There are two stages to the land tax relief measure for residential and non-residential landlords:
- * Period 1: 30 March 2020 to 30 October 2020
- * Period 2: 31 October 2020 to 30 April 2021
Each period is assessed separately, with up to 25 per cent relief on 2019-20 land tax liabilities for the relevant property available in each period. The land tax relief only applies if a reduction in rent is passed on to an eligible tenant in the relevant period of at least the same amount as the land tax relief, or if the landlord lost rent because of an untenanted property over the relevant period that was tenanted as at 31 March 2020.
Eligible non-residential tenants are businesses eligible for the Commonwealth JobKeeper payment in the relevant period with an annual turnover of not more than $50 million. Eligible residential tenants are tenants experiencing financial hardship due to COVID-19 in the relevant period.
- Commercial owner-occupiers who own the land where they operate their business are eligible to receive relief of 25 per cent off their 2019-20 land tax liabilities in period 2 (31 October 2020 to 30 April 2021). Relief is available where the business is eligible for the Commonwealth Government’s JobKeeper payment from 31 October 2020 and annual turnover is not more than $50 million.
- eligible taxpayers with an outstanding 2019-20 land tax liability can defer their 2019‑20 remaining land tax payments for up to six months.
- an increase to the existing land tax transition fund relief.
It was previously announced that transitional relief equivalent to 50% of the increase in a 2020-21 land tax assessment would be available to eligible taxpayers whose land tax bill had increased as a result of the changes in aggregation of land commencing from 1 July 2020.
This relief has been increased to 100% of the increase in an eligible taxpayer’s 2020-21 land tax assessment, subject to the existing criteria – saving some investors up to an additional $50,000.
Further information on the land tax relief measures is available at https://www.revenuesa.sa.gov.au/grants-and-concessions/covid19-relief
International Student Support Package
The Government is providing grant support for eligible international students in South Australia who have experienced financial challenges during the COVID-19 pandemic.
More information on support and eligibility can be found at:
Liquor licensing fees
The Government will provide a waiver of annual liquor licencing fees for 2020-21 for the following liquor licence categories:
- On Premises
- Restaurant & Catering
- Liquor Production & Sales
- Small Venue
Holders of a General and Hotel licence who have a bottle shop will receive reduced fees, or a full waiver if they do not have a bottle shop.
Packaged Liquor Sales licence fee will not be reduced or waived. Licensees who believe that they should receive a discount may still apply for a fee reduction through the CBS website from 1 June.
For further information please visit https://www.cbs.sa.gov.au/liquor-licence-holders-and-covid-19#
Cost of living concession
The Government is providing a once off boost of $500 and bought forward the 2020-21 Cost of Living Concession for households who are receiving the Centrelink JobSeeker Payment, assisting those who are unemployed or lose their jobs as a result of the coronavirus restrictions.
For eligible homeowners, their 2020-21 payment of $215.10 will now become $715.10. Eligible tenants will receive $607.60.
For further information available at https://www.sa.gov.au/topics/care-and-support/concessions-and-grants/concessions
Economic and Business Growth Fund
The Government has announced increased funding for the Economic and Business Growth Fund under its $4 billion economic stimulus package. The Economic and Business Growth Fund was established in 2018 to promote economic growth in South Australia by encouraging growth of existing industries, developing new industries, building international connections, and attracting foreign and national direct investment. Funding support is primarily targeted to support industry or sector wide led initiatives which improve the overall productivity and competitiveness of an industry sector or subsector.