Please select a Favourites
Event Home Banner

To the DJO Community:

Coronavirus (COVID-19) is having an increased impact on our communities, with many organisations large and small feeling the strain from the economic and social consequences of this health crisis.

The Australian Federal Government has made multiple announcements concerning economic stimulus packages to assist businesses and individuals through this challenging period. In particular, the Prime Minister announced a ‘Job-Keeper’ wage subsidy package that will provide a significant boost to our Allied Health Community.

We have prepared an overview of this and the stimulus measures that are pertinent to the Allied Health industry, in order to clarify the business assistance options you and your business may be qualified to receive. Click here for full Federal and State Stimulus Package details.

As an essential service, DJO will continue to remain operational during this time, with our sales and customer service team being available to assist you by phone on 1300 66 77 30 or email at customerservice.au@djoglobal.com.

Federal and State Government Stimulus Packages:

The Australian Federal Government has made two announcements for stimulus measures to assist businesses during the unprecedented time of the COVID-19 World Pandemic. This page contains extracts of these announcements as well as State Government stimulus packages made up to the 30th March 2020, that could assist business operating in the Allied Heath Sector.

Continued Employment Subsidies:

1. A ‘Job-Keeper’ fortnightly wage subsidy of $1,500 per employee will be available to allow Australian business to continue to employ staff. This will be available as a fortnightly payment (before tax) from 30 March 2020.

2. Employers will be eligible for the subsidy; if their business has a turnover of less than $1 billion and their turnover will be reduced by more than 30 per cent relative to a comparable period a year ago (of at least a month); or their business has a turnover of $1 billion or more and their turnover will be reduced by more than 50 per cent relative to a comparable period a year ago (of at least a month);

3. Employees will be eligible for anyone employed as of the 1 March 2020 in either a full or part time capacity and are 16 years or over, and are either an Australian citizen, hold a permanent visa or one of the visas specified by the government.

For more information go to:

https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_Info_for_Employers_0.pdf

Business Investments:

1. Instant Asset Write-off threshold increased from $30,000 to $150,000 and expands access to businesses with aggregated annual turnover of less than $500 million (up from $50 million) until 30 June 2020.

2. A time-limited, 15-month investment incentive (through to 30 June 2021) created to support business investment and economic growth by accelerating depreciation deductions. Businesses with a turnover of less than $500 million will be able to deduct an additional 50 percent of the asset cost in the year of purchase.

For more information go to:

https://treasury.gov.au/coronavirus

https://treasury.gov.au/sites/default/files/2020-03/Overview-Economic_Response_to_the_Coronavirus_0.pdf

https://treasury.gov.au/sites/default/files/2020-03/Fact_Sheet-Delivering_support_for_business_investment.pdf

Cash Flow Assistance:

1. Employers receive a tax-free payment of up to $50,000 (minimum payment of $10,000) for eligible small and medium-sized businesses that turn over less than $50 million and that employ staff, between 1 January 2020 and 30 June 2020. The payments will be calculated on 50 percent of their Business Activity Statements or Instalment Activity Statement from 28 April, with refunds paid within 14 days.

2. The Coronavirus Small and Medium Enterprises (SME) Guarantee Scheme will support up to $40 billion of lending to eligible SMEs (turnover of up to $50 million). The government will guarantee these loans of up to $250,000 and will include an initial six-month repayment holiday.

3. Eligible employers can apply for a wage subsidy of 50 percent of an apprentice’s or trainee’s wage for up to nine months from 1 January 2020 to 30 September 2020.

4. Individuals in financial stress as a result of the Coronavirus can access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21.

5. A ‘Job-Keeper’ fortnightly wage subsidy of $1,500 per employee will be available to allow Australian business to continue to employ staff, with the full subsidy to be passed to staff.

For more information go to:

https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Cash_flow_assistance_for_businesses_0.pdf

https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Providing_temporary_relief_for_financially_distressed_businesses.pdf

Telehealth Services:

1. $669 million will be provided to expand Medicare-subsidised telehealth services for all Australians, with extra incentives to GPs and other health practitioners also delivered.

2. Several private health funds and third-party payers have agreed to provide benefits for individual (one-on-one) tele-consultations where:

3. The patient is undergoing an existing course of treatment and the patient has seen the physiotherapist over the past six months, or

4. For new patients, the tele-health service has been recommended by their general practitioner or relevant medical specialist, and

5. The primary condition being treated is one of:

- Post orthopaedic surgery rehabilitation (e.g. Total hip or knee replacement)

- Chronic musculoskeletal condition (e.g. osteoarthritis)

- Cardiac rehabilitation

- Pulmonary rehabilitation

- Pelvic floor muscle training

- Wound management

- Foot pain

For more information go to:

https://www.health.gov.au/ministers/the-hon-greg-hunt-mp/media/covid-19-whole-of-population-telehealth-for-patients-general-practice-primary-care-and-other-medical-services

For State Government Stimulus Measures, click on your relevant state below: