Bank of Melbourne has a dedicated COVID-19 Supporting our business customers page featuring information that’s continually updated. Further information, including details of the support for businesses provided by Bank of Melbourne and the Australian Federal and State Governments, can be found in our support guide.
Until 28 March 2021, the Government was offering emergency relief and financial assistance to help employers during this difficult time, including the JobKeeper Payment scheme. Under the scheme, you may have been able to claim a fortnightly payment per eligible employee.
The JobKeeper Payment scheme concluded on 28 March 2021.
The Government’s website contains information, including whether you were eligible to claim these payments#.
If you were eligible, you were enrolled and were participating in the JobKeeper Payment scheme - Extension 2 with the Australian Taxation Office (ATO), we may have been able to help you through this challenging time by providing access to temporary funding whilst you awaited the JobKeeper payments.
All business loans and business credit card repayment deferrals end by 31 March 2021.
If you can’t get to your bank, or your Bank of Melbourne branch closes temporarily due to COVID-19, you can use online banking as an alternative for a range of banking services that could help keep your business running. Opening bank accounts, applying for loans, making and receiving payments and transferring funds between accounts can now all be done online – subject to the relevant eligibility criteria for each of these features1.
# The JobKeeper program was a Federal Government initiative and we provide a link to the external site for your convenience. This information is provided for general information only. Please read the Government’s fact sheet to see if you were eligible and for terms and conditions that applied. You should consider seeking independent legal, financial, taxation or other advice on how the Federal Government initiatives relate to your circumstances.
1. Terms and Conditions, Credit and Eligibility Criteria apply.