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Second Tasmanian Stimulus Package - Households & Individuals

Second Tasmanian Stimulus Package - Households & Individuals

Second Tasmanian Stimulus Package - Households & Individuals

Rapid Response Skills Initiative

  • Individuals who have been stood down or lost their jobs will be able to access immediate support to connect to work or training.
  • Through the Government’s Rapid Response Skills Initiative (RRSI), up to $3,000 will be available to individuals to gain new skills or licences to help them into a new role, and businesses that have immediate job needs and opportunities will be able to access a job-ready pool, including to match people to immediate priority skill needs, such as in health and food retail industries. (Applications for the RRSI are now open).

Electricity relief

  • For all households, businesses and community sector organisations on regulated tariffs, electricity prices will be capped at for 12 months.
  • A $5 million fund has been established by Aurora to assist customers with bill relief, waiving fees or charges, freezing debt, payment plans, in addition to a range of other support measures. Aurora will deliver this through a dedicated COVID-19 response team.
  • Aurora Energy will not be disconnecting any residential or small business customers, without their agreement during this crisis.

Water/sewerage relief

For all household customers and the community sector water prices will be frozen for 12 months.

Rates Relief

  • The Government is working with Local Government to enable Councils to freeze 2020-21 rates at 2019-20 prices.
  • The Community Fire Service Contribution that is paid by households on their rates will be frozen while ensuring the Government will continue to invest in emergency and fire service capabilities.

School levies

The Government will be refunding school levies for students attending a government school.

Government fee relief

A freeze of all Government fees subject to the Government Fee Units Act for both households and businesses for the 2020-21 year.


DISCLAIMER:

Liability limited by a scheme approved under Professional Standards Legislation.

The content of this newsletter is general in nature. It does not constitute specific advice and readers are encouraged to consult their Ruddicks adviser on any matters of interest. Ruddicks accepts no liability for errors or omissions, or for any loss or damage suffered as a result of any person acting without such advice. This information is current as at 26 March 2020, and was published around that time. Ruddicks particularly accepts no obligation or responsibility for updating this publication for events, including changes to the law, the Australian Taxation Office’s interpretation of the law, or Government announcements arising after that time.

Any advice provided is not ‘financial product advice’ as defined by the Corporations Act. Ruddicks is not licensed to provide financial product advice and taxation is only one of the matters that you need to consider when making a decision on a financial product. You should consider seeking advice from an Australian Financial Services licensee before making any decisions in relation to a financial product. © Ruddicks 2020

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