This article is published by Modoras Accounting (VIC) Pty Ltd ACN 145 368 850.

In a bid to curb the economic impact of COVID-19, the Federal Government have announced another stimulus package, now deploying an estimated $186 billion into the pockets of those who need it most. This new package builds on the initial $17.6 billion announced just a week ago. With a view to keep Australians in jobs, businesses in business and attempting to curb the economic impact of COVID-19, the ATO has also announced tax relief measures.

The details of COVID-19 Government support is evolving. For advice that is tailored to your individual circumstance, please contact your local Modoras office on 1300 888 803 to book a phone or video conference appointment with a Modoras professional. We are here to help you during this challenging time. 

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Read our most recent articles on the Stimulus Package and other important news


Government Stimulus Package for Businesses

With many Australian businesses facing significant hurdles from COVID-19, the Federal Government has released a second round of stimulus measures, expanding on the measures initially released last week.



SP 3

ATO Relief

In response to COVID-19 , the Australian Tax Office has created possible ways for taxpayers to obtain tax relief through applications made directly with the ATO.



SP 2

Government Stimulus Package for Individuals

The Government have announced a number of relief measures to support Australians in response to the impact COVID-19.



COVID-19 Economic Stimulus Package | Recorded Webinar


Listen to our value-packed webinar on the recent Economic Stimulus Package updates.

Hosted by Modoras Melbourne Director Alf Couceiro, this webinar for businesses owners covers:

  • What are the new opportunities for SMEs;
  • How will the stimulus package potentially affect your bottom line;
  • Superannuation stimulus initiatives; and
  • How to make the most of the package on offer.


Click the play button to start viewing now.

Recorded 25 March, 2020 12:30pm AEDT




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IMPORTANT INFORMATION: This blog has been prepared by Modoras Accounting (VIC) Pty Ltd ACN 145 368 850. The information and opinions contained in this blog is general information only and is not intended to represent specific personal advice (Accounting, taxation, financial, insurance or credit). No individuals' personal circumstances have been taken into consideration for the preparation of this material. The information and opinions herein do not constitute any recommendation to purchase, sell or hold any particular financial product. Modoras Accounting (VIC) Pty. Ltd. recommends that no financial product or financial service be acquired or disposed of or financial strategy adopted without you first obtaining professional personal financial advice suitable and appropriate to your own personal needs, objectives, goals and circumstances. Information, forecasts and opinions contained in this blog can change without notice. Modoras Accounting (VIC) Pty. Ltd. does not guarantee the accuracy of the information at any particular time. Although care has been exercised in compiling the information contained within, Modoras Accounting (VIC) Pty. Ltd. does not warrant that the articles within are free from errors, inaccuracies or omissions. To the extent permissible by law, neither Modoras Accounting (VIC) Pty. Ltd. nor its employees, representatives or agents (including associated and affiliated companies) accept liability for loss or damages incurred as a result of a person acting in reliance of this publication. Liability limited by a scheme approved under Professional Standards Legislation.