{"id":50,"date":"2020-03-24T04:31:07","date_gmt":"2020-03-23T17:31:07","guid":{"rendered":"https:\/\/truckitblog.wpengine.com\/assistance-information-for-transport-businesses\/"},"modified":"2022-11-08T12:47:13","modified_gmt":"2022-11-08T01:47:13","slug":"assistance-information-for-transport-businesses","status":"publish","type":"post","link":"https:\/\/www.truckit.net\/news\/assistance-information-for-transport-businesses\/","title":{"rendered":"Economic assistance information for transport businesses"},"content":{"rendered":"\n<p>Here are some short points about the assistance available to trucking businesses as a result of the economic stimulus announced in response to the Coronavirus.<\/p>\n\n\n\n<ul><li>Small and medium sized trucking businesses that employ staff will be eligible for a <a href=\"https:\/\/www.business.gov.au\/risk-management\/emergency-management\/coronavirus-information-and-support-for-business\/boosting-cash-flow-for-employers\">cashflow boost<\/a> of up to $100,000 with a minimum payment of $20,000. Businesses with an aggregated turnover of less than $50 million will be eligible.<\/li><li>Eligible truck owner drivers will be able to apply for an expanded JobSeeker Payment with a new coronavirus supplement.<\/li><li><a href=\"https:\/\/business.gov.au\/risk-management\/emergency-management\/coronavirus-information-and-support-for-business\/coronavirus-sme-guarantee-scheme\">Coronavirus&nbsp;SME&nbsp;Guarantee Scheme<\/a>: a government guarantee for small and medium business loans.<\/li><li>Increasing the <a href=\"https:\/\/www.business.gov.au\/risk-management\/emergency-management\/coronavirus-information-and-support-for-business\/instant-asset-write-off\">instant asset write-off<\/a> threshold from $30,000 to $150,000 and expanding access to include businesses with aggregated annual turnover of less than $500&nbsp;million (up from $50&nbsp;million) until 30&nbsp;June&nbsp;2020<\/li><\/ul>\n\n\n\n<p>You can read the full list of government measures <a href=\"https:\/\/treasury.gov.au\/coronavirus\/businesses\">here<\/a>, as well as statement from the Australian Trucking Association (ATA) in response to the economic package <a href=\"https:\/\/www.truck.net.au\/media\/media-releases\/trucking-industry-welcomes-economic-package\">here.<\/a><\/p>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.truckit.net\/search-for-jobs?page=1\">Search Jobs on Truckit.net<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Here are some short points about the assistance available to trucking businesses as a result of the economic stimulus announced in response to the Coronavirus. Small and medium sized trucking businesses that employ staff will be eligible for a cashflow boost of up to $100,000 with a minimum payment of $20,000. Businesses with an aggregated turnover of less than $50 million will be eligible. Eligible truck owner drivers will be able to apply for an expanded JobSeeker Payment with a new coronavirus supplement. Coronavirus&nbsp;SME&nbsp;Guarantee Scheme: a government guarantee for small and medium business loans. Increasing the instant asset write-off threshold [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":51,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[22,20,11],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Economic assistance information for transport businesses - Truckit.net News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.truckit.net\/news\/assistance-information-for-transport-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic assistance information for transport businesses - Truckit.net News\" \/>\n<meta property=\"og:description\" content=\"Here are some short points about the assistance available to trucking businesses as a result of the economic stimulus announced in response to the Coronavirus. Small and medium sized trucking businesses that employ staff will be eligible for a cashflow boost of up to $100,000 with a minimum payment of $20,000. Businesses with an aggregated turnover of less than $50 million will be eligible. Eligible truck owner drivers will be able to apply for an expanded JobSeeker Payment with a new coronavirus supplement. Coronavirus&nbsp;SME&nbsp;Guarantee Scheme: a government guarantee for small and medium business loans. 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