EMPLOYERS are benefiting with a significant increase to the business cashflow boost scheme announced as part of the $17.6 billion stimulus package on March 12, in an effort to soften the economic blow of the coronavirus (COVID-19).
Initially the program was set to deliver benefits of between $2000 and $25,000 to all businesses with employees, however as of April 28, the program has been significantly increased to a minimum benefit of $20,000 and a maximum of $100,000.