Queensland’s COVID-19 Economic Recovery

Since the onset of the COVID-19 pandemic, the Queensland Government has committed more than $6 billion in initiatives to manage the health response and also to support Queensland businesses and families and protect local jobs. The initiatives are outlined below.

$1B Jobs Supports Loans

A $1 billion concessional Jobs Support Loan facility, interest free for the first 12 months, to support businesses and keep Queenslanders in work.

$950M payroll tax relief

Up to $950 million in payroll tax relief including refunds, payment holidays and deferrals for eligible businesses as well as a tax exemption for JobKeeper payments.

Industry Support Package

An Industry Support Package focused on large and regionally significant businesses to ensure they will be able to scale up and service the community when economic activity improves. For further detail on the Industry Support Package email COVID19ISP@treasury.qld.gov.au

$500M worker retraining and assistance

$500 million to assist workers and businesses who lose their job or income, including the creation of the Jobs Finder portal.

$400M support for retail and commercial tenants

$400 million in support for retail and commercial tenants, delivered as land tax relief and payment referrals. Find out more about the Government’s COVID-19 relief measures for tenants and landlords.

Visit the Business Queensland site to find out more about the Queensland Government’s support measures for business.

$500 million for households

$500 million in utilities bill relief for households and businesses, including a $200 rebate for all 2.1 million Queensland homes to offset the cost of water and electricity and a $500 rebate for eligible small and medium sized businesses. These rebates for households and businesses will be automatically applied to electricity bills.

Visit the Queensland Government’s COVID-19 site to find out more about the latest support available for all Queenslanders.

$1.2 billion for health

This funding boost will increase the capacity of Queensland’s health system to confront COVID-19. This includes the expansion of:

  • fever clinics
  • emergency department capacity
  • acute care services
  • regional aeromedical services for our remote communities.

Queensland’s Economic Recovery Strategy

The first stage of the state’s economic reset, the Queensland’s Economic Recovery Strategy is a comprehensive and far-reaching suite of economic initiatives to help recover from COVID-19 with a focus on backing Queensland jobs.

Last updated: 27 May 2020