Show download pdf controls
  • Assistance for businesses affected by Queensland floods and storms

    In the 2019–20 Federal Budget, the government has announced assistance for certain businesses affected by the North Queensland floods during early 2019 and primary producers affected by storm damage in Queensland on 25 October 2018.

    Under the flood recovery package, primary producers, small businesses and not-for-profit (NFP) organisations in North Queensland affected by flooding in late January through February 2019 will have access to certain recovery grants and grants to rebuild farm infrastructure, replace livestock and replant crops. These grants will be non-assessable and non-exempt payments.

    Under the Queensland storms measure, the government will treat as exempt income certain payments to primary producers in the Fassifern Valley where they were affected by storm damage on 25 October 2018.

    The two measures apply to income years starting on or after 1 July 2018.

    See also:

      Last modified: 29 May 2019QC 59108