Financial assistance and resources relevant to community radio - COVID-19

Holly Friedlander Liddicoat, 25th March 2020
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The COVID-19 outbreak is proving a challenging and uncertain time for the community radio sector and the arts/music industries and small businesses that support us.

Below are resources that provide relevant updates regarding financial stimulus for not-for-profits and/or charities and arts organisations.

Please note that not all packages will apply to all stations or situations. Please contact the appropriate Government agency to find out more information and discuss your unique situation.

This list and the links it refers to may not be comprehensive as there are new stimulus being announced regularly. While we have indicated what we think the highlights are, you should always seek financial advice to assist you in determining the best route to these packages.

Last updated 27/03/2020.

Assistance for not-for-profits and charities

Compiled by Our Community's Funding Centre. This page provides information about financial assistance available to not-for-profit organisations and community groups affected by the COVID-19 outbreak. It is updated daily and includes information from both Federal and State stimulus packages.

ACNC - Charities and COVID-19

The Australian Charities and Not-for-profits Commission recognises that a charity’s usual operations may be affected by the outbreak and spread of COVID-19, as well as measures being established to try and control its spread. They have provided some useful information regarding extensions to reporting, holding AGMs, drawing on charity reserves and other useful topics.

Information about solvency and directors' responsibility

There is some temporary relief for directors from personal liability for trading while insolvent. However this depends whether your organisation is an incorporated association or an entity under the Corporations Act. Read this great resources from AICD for more.

 

This situation is evolving rapidly - with new stimulus packages being announced almost daily and the situation faced by stations changing fast. We are working with Government and other stakeholders to ensure community radio is represented in and elligible for any future packages.

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