TAS Government Support
The Tasmanian Government is assisting businesses through a variety of stimulus including cash grants, small business loans and payroll tax waiver.
Tasmanian businesses that are facing severe hardship due to the pandemic can get emergency grants of various amounts under the government’s stimulus packages.
There are business loans starting from $20,000 to $250,000 for eligible businesses under the Business Loan Support Scheme. Certain fees and bills are also waived, capped or frozen for businesses including electricity, water and land tax.
If you’re lost, stuck or need third-party expertise, you can contact several experts including accountants, business advisors and business loan brokers who can help you out.
We'll continue to revise this page with the latest business support and financial packages announced for Tasmanian businesses, so come back regularly to stay updated.
The Tasmanian Government has allocated $20 million in interest-free loans to small businesses in the hospitality, tourism, seafood production, exports sectors, and other businesses that have been severely affected by the Covid-19 pandemic. The loans will be available to businesses with a turnover of less than $10 million for business continuity, equipment purchase, improving online shopping and distribution channels, and other sustainability and viability measures. The loan amount starts from $20,000 up to a maximum of $250,000, and is interest free for the first 3 years.
Up to $250,000
This grant provides subsidies to small businesses in building, construction, tourism, hospitality and manufacturing if they hire a new apprentice or trainee. Subsidies of up to $5,000 are provided for each apprentice or trainee employed on a full-time basis, and $2,500 for each apprentice or trainee employed on a part-time basis. Subsidies are provided in two equal payments 6 months and 12 months after the commencement of the training contract of the new apprentice or trainee. To be eligible, you must: undertake activity in one of the nominated target industries as your main business activity not be liable to pay Payroll Tax to the Commissioner of State Revenue for the individual apprentice or trainee within the financial year that the application is lodged employ the apprentice or trainee in a workplace physically located in Tasmania
$5,000