COVID-19 Economic Stimulus

As at 4 June 2020

COVID-19 Economic Stimulus Page 2

Table of Contents 1.0 Introduction ............................................................................................................................ 3

2.0 Waivers and Stimulus from Council ........................................................................................ 4

3.0 Roadmap to easing restrictions .............................................................................................. 4

4.0 Economic Recovery – Unite and Recover for Queensland Jobs ............................................. 5

5.0 LGAQ – Battleplan for Queensland Local Communities ......................................................... 6

6.0 State Government ................................................................................................................... 6

7.0 Federal Government ............................................................................................................... 6

8.0 Tourism Boost ......................................................................................................................... 7

9.0 Small Business Boost ............................................................................................................... 7

10.0 Business as Usual .................................................................................................................... 7

11.0 Sources of additional information .......................................................................................... 8

As at 3 June 2020

COVID-19 Economic Stimulus Page 3

1.0 Introduction On 21 January 2020 Human coronavirus with pandemic potential was declared a Listed

Human Disease under the Commonwealth Biosecurity Act 2015, enabling the use of

enhanced border measures.

On 29 January 2020, under the Public Health Act 2005, the Minister for Health and Minister

for Ambulance Services made an order declaring a public health emergency in relation to

coronavirus disease (COVID-19). The public health emergency area specified in the order is

for ‘all of Queensland’.

The Chief Health Officer in Queensland has issued several Directions for the State of

Queensland arising from the declared public health emergency. Certain restrictions still apply

although some restrictions are starting to ease, and people can resume travel and recreation,

albeit still somewhat restrictive.

Carpentaria Shire Council introduced non-essential travel measures to protect its communities

from the impacts of COVID-19. Essential travel required a permit and application was made

through the Council Website. This permit system remained in operation from March 26 until

May 22.

There is no denying that the declaration of the public health emergency in Australia has had

an impact on the Local, State and National economy and will require significant effort to

recover.

The top three sectors impacted in the Carpentaria Shire are: -

• Accommodation and Food Services (-23 local jobs)

• Education and Training (-12 local jobs)

• Administration and Support Services (-8 local jobs)

Local Government has been doing its fair share, not only in relation to local community

leadership during times of emergency but also in relation to reviewing financial assistance that

it may offer to small and medium business as an immediate response. Other financial relief

will continue into the new financial year with Council considering options for concessions for

those rating categories most severely impacted from COVID-19.

As we recover from this pandemic the way we done business pre-COVID will be very different

to the way we do business post-COVID and businesses may need to take advantage of some

of the funding becoming available to move parts of their operations on line and with some out-

of-the-box thinking about opportunities to diversify into other areas and create a better

advantage from this difficult period.

This document is a snapshot in time and has captured some of the economic stimulus that is

available through programs announced by the various levels of Government. Businesses are

encouraged to monitor the media releases from Government to ascertain programs that are

available to assist their business recovery.

COVID-19 Economic Stimulus Page 4

2.0 Waivers and Stimulus from Council COVID-19 has had a significant impact on tourism and business within Carpentaria Shire over

recent months and as a result of the economic impact to business, Council will be

implementing several measures to ease the burden on local businesses and community

groups.

The following fee waivers have been authorised for the 2020-2021 financial year;

• Waiver of License Fees for Food Licenses

• Waiver of Caravan and Camping Licenses

• Waiver of Rates for Eligible Not for Profit Groups (as per Council’s policy position);

Council has further applied the following stimulus with immediate effect;

• Waiver of Rates Interest on Overdue Rates. Please note this is effective only for any

payments made post 15th April 2020; and

• Suspension of Community Groups Loans.

3.0 Roadmap to easing restrictions On Friday 8 May 2020 the Premier Annastacia Palaszczuk released Queensland’s Roadmap

to Easing COVID-19 restrictions. The roadmap outlines a staged approach to giving

Queenslanders more freedom to travel, participate in more activities and hold more

gatherings.

• Download the easing restrictions roadmap • Read the Roadmap frequently asked questions • Read the COVID safe checklists and COVID safe plans frequently asked questions

The Roadmap provides sensible and gradual steps to a COVID recovery that will reconnect

our communities and keeps our economy moving by supporting business, industry and

Queensland jobs.

Explore the stages to learn more about how restrictions are easing. There is also important

information about how business will keep COVID safe as restrictions are eased.

https://www.covid19.qld.gov.au/government-actions/roadmap-to-easing-queenslands-restrictions

COVID-19 Economic Stimulus Page 5

4.0 Economic Recovery – Unite and Recover for Queensland Jobs The Queensland Government has outlined a

staged approach to giving Queenslanders more

freedom to travel, participate in more activities

and hold more gatherings.

Our Roadmap to Easing Restrictions provides

sensible and gradual steps to a COVID-19

recovery that will reconnect our communities

and keep our economy moving by supporting

business, industry and Queensland jobs.

Our economic recovery strategy outlines our

guiding principles for how we will get

Queenslanders back to work, with 3 immediate

priorities in stage 1.

1. Building vital infrastructure 2. Strengthening Queensland’s

Industries 3. Enabling future growth

https://www.covid19.qld.gov.au/government-actions/our-economic-recovery-strategy

COVID-19 Economic Stimulus Page 6

5.0 LGAQ – Battleplan for Queensland Local Communities The Local Government Association of Queensland (LGAQ) announced a Battleplan for

Queensland Local Communities to assist with the economic recovery and create jobs.

The $608 million Battleplan was estimated to deliver 14,000 new jobs across Queensland.

This was provided to the Premier for consideration and the response from the State

Government has been welcomed by Councils.

Carpentaria Shire Council responded to the request from LGAQ to provide projects that align

with the suggested programs in the Battleplan. Council submitted a total of 32 possible

projects with a value of $35.7 million

Additional funding through the Works for Queensland program will be a welcomed injection

for projects on the waiting list for a funding injection.

6.0 State Government The State Government are making announcements in relation to funding opportunities based

on the Unite and Recover for Queensland Jobs program previously mentioned. Businesses

are encouraged to continue to monitor media statements from the various government

department and encouraged to contact their peak bodies to ascertain what is available to

assist their business recover from COVID-19.

COVID Works 4 Queensland was announced by the State Government and Carpentaria Shire

Council has been allocated $1,590,000.00 to be expended in the 2020-2021 financial year on

projects in accordance with the Guidelines developed by the State Government. This is a

welcomed injection of additional funds to Council.

7.0 Federal Government

Local Roads and Community Infrastructure Program

About the program

On 22 May 2020 the Australian Government announced a new $500 million Local Roads and

Community Infrastructure Program (LRCI Program).

This program will support local councils to deliver priority local road and community

infrastructure projects across Australia, supporting jobs and the resilience of local economies

to help communities bounce back from the COVID-19 pandemic.

Funding allocations

Funding allocations have been calculated in a similar way to how the Roads to Recovery

Program and the road component of the Financial Assistance Grants works.

This formula takes into consideration road length and population and is based on

recommendations of Local Government Grants Commissions.

• Local Roads and Community Infrastructure Funding Allocations o The funding allocation to Carpentaria Shire Council under this program is

$711,924.00

COVID-19 Economic Stimulus Page 7

Further information

• Local Roads and Community Infrastructure Program Fact sheet

8.0 Tourism Boost On May 19 the Queensland Premier and the Minister for Innovation and Tourism Industry

Development announced an extra $50 million to help support tourism business and our iconic

theme and animal parks get through COVID-19. The Government will also deliver a domestic

marketing campaign to align with the easing of restrictions to encourage Queenslanders to

holiday at home.

9.0 Small Business Boost Also, on May 19 the Minister for Employment and Small Business announced small business

could now apply for a up to $10,000 grants under the new $100 million package to help counter

the impacts of COVID-19. Small business, including micro business, can apply for a share in

the grants program to help pay for financial. Legal or other professional advice, marketing and

communications activities and digital or technology strategy development. The grants can be

used to buy specialised digital equipment or business specific software to help move the

business online.

10.0 Business as Usual We will probably not return to the way we always do things (WWADT) post COVID-19. Some

small to medium business enterprises will see this as an opportunity to enhance the business

model for service delivery in the future. There has been some discussion already in relation to

this topic and funding is being identified to assist with looking at different business models and

the use of technology and taking business more online.

Opportunities may also exist for current business models to be reviewed considering the

COVID-19 pandemic while funding is available that would not have otherwise been reviewed.

Retail businesses may wish to consider an online presence as well as the shop front to provide

a different offering to potential customers who do not necessarily have the time to attend the

store / shopfront and purchase online.

Another example may be for Caravan Parks that have had a major change in clientele over

the past few years

The caravanning/motor homing and to an extent, bush/town campers are evolving and

becoming increasingly popular with the younger generation with small young families, who

also make up a good percentage of the market and are the future holiday makers within

Australia.

It will be essential that caravan parks operate in line with emerging, and somewhat, current

trends to meet the needs of all their potential customers, including these young families.

Utilising the funding available under the COVID-19 stimulus retailers, small to medium

business and Caravan Park operators could seek advice and prepare business plans to

change the model to deliver a different experience for the changing clientele.

COVID-19 Economic Stimulus Page 8

11.0 Sources of additional information The links below provide the most up to date COVID-19 information and advice for all

Queenslanders.

• All Queensland Government advice www.covid19.qld.gov.au.

• Health advice visit www.qld.gov.au/health/conditions/health-alerts/coronavirus-covid-19.

• Resources including posters and factsheets visit www.qld.gov.au/health/conditions/health-

alerts/coronavirus-covid-19/find-the-facts/resources.

• Health advice translated into several languages visit www.qld.gov.au/health/conditions/health-

alerts/coronavirus-covid-19/find-the-facts/translated-resources.

• Travel advice visit www.smartraveller.gov.au/news-and-updates/coronavirus-covid-19.

• Advice on economic assistance for affected industries and small business

visit www.qld.gov.au/industryrecovery.

Version 1.1 (Model updated 7 May 2020. See revision notes below)

COVID19 will obviously have a substantial negative impact on economic activity in 2020. In response, .id has developed a COVID-19Outlook Tool to show the economic and industry impacts at the LGA level. This tool draws on the economic forecast model developedby NIEIR and focuses on the impacts to June 2020. We will continue to update our forecasts as more information is known about thehealth measures and the effectiveness of economic policy.

This page is subject to the disclaimer and copyright notices as set out below.

Headline estimates - Carpentaria (S)Impacts refer to June Quarter 2020 compared to 2018/19 4-quarter average

GRP change

-8.1%

Local job change

-4.9%

Employed resident change

-5.5%

Sector impacts - Top 3 (excluding JobKeeper)

Accommodation and Food Services (-23 local jobs)Education and Training (-12 local jobs)Administrative and Support Services (-8 local jobs)

Key Insights

Gross Regional Product is forecast to fall by -8.1% in the June Quarter 2020. This fall was lower than the state average.Local Jobs are forecast to fall by -4.9% in the June Quarter 2020. This equates to a fall of 52 local jobs.If JobKeeper recipients impacts are included then the employment fall is estimated at -10.9% (116 jobs)The impact on employed residents (-5.5%) was higher than the local job impact.

Sector Employment impact

Did you know? You can show/hide or highlight a series in the chart below by clicking or hovering on a legend (ie: JobKeeper Component).

Number Percentage

Carpentaria (S)COVID-19 Economic Outlook Tool

(Queensland: -12.0%)(-10.9% including JobKeeperrecipients)

(-12.4% including JobKeeperrecipients)

×

Current area:

Carpentaria (S) reset

Data updates

This page is the latest version of up-to-date economic data showing the local impact of COVID-19. However, as new informationbecomes available, e.g. changes to government stimulus, shifts in quarantine conditions, or the release of relevant date etc. revisionsand updates will be applied, and new data will be added where possible.

New features to be published soon, include;

jobs detail by industryemployed resident datainteractive charts and export functionalitydetailed analysis of Stimulus & Recovery PhaseBenchmarks so you can compare your impacts to other regions

Assumptions and methodology

NIEIR has estimated the potential impacts of coronavirus on economic activity, employment and sectors at the LGA level. Modeloutputs above are based on information available before May 7.

The forecast model estimates the impact on final demand on each industry and then calculates the multiplier effects using NIEIR’sregional database. Assumptions are made about the household, business and government supression rates directly flowing from themeasures introduced to contain the virus. The impact of economic measures is also incorporated into the modelling. A contingencyfactor is also assumed to account for downside risks (e.g. productivity impacts from working at home).

The modelling assumes that rigid social distancing measures are maintained well into June. A gradual unwinding of social distancingmeasures are assumed but a more complete recovery only becomes possible when a vaccine becomes generally available by theMarch or June quarter 2021.

These forecasts are subject to a high degree of uncertainty and will continue to be improved and updated as more information isreleased.

For more details, see Methodological Paper: Modelling the impact of COVID-19 at the Australian Local Government Area (LGA) level

Revisions

Indu

stry

sec

tor

Change in the number of employed (estimated)

Employment impact in June Quarter 2020 (compared to 2018/19 quarter average)Carpentaria (S)

JobKeeper Component Not on JobKeeper

Health Care and Social Assistance

Information Media and Telecommunications

Wholesale Trade

Rental, Hiring and Real Estate Services

Retail Trade

Financial and Insurance Services

Public Administration and Safety

Electricity, Gas, Water and Waste Services

Agriculture, Forestry and Fishing

Mining

Manufacturing

Arts and Recreation Services

Construction

Other Services

Transport, Postal and Warehousing

Professional, Scientific and Technical Services

Administrative and Support Services

Education and Training

Accommodation and Food Services

-60 -50 -40 -30 -20 -10 0 +10 +20

Source: National Institute of Economic and Industry Research (NIEIR) Version 1.1 (May 2020). ©2020 Compiledand presented in economy.id by .id the population experts. Impacts have been split into: (1) not on JobKeeper –unemployed as defined by the ABS; and (2) JobKeeper – performing reduced hours or not working (i.e. 0 hours).Many will not be contributing to economic activity.

Version 1.1 Revisions - model updated on 6 May 2020

For the June Quarter 2020, NIEIR’s Australia GDP estimate has been revised from -16.6% to -12.4%. Compared to NIEIR’s previousforecast (based on information available mid-April 2020), the better than expected containment of the virus has impacted assumptionsrelated to household spending and social distancing impacts. This has resulted in lower impacts across a numbe of sectors. Forexample, impacts on Education have not been as high (e.g. restrictions on schools not as severe as first thought).

Disclaimer

This report has been prepared for the Carpentaria (S). .id has taken all due care in the preparation of this report. Content in this Reportis based on Data from the National Institute of Economic and Industry Research (NIEIR) and the Data remains the property of theNIEIR. While NIEIR endeavours to provide reliable forecasts and believes the material is accurate it will not be liable for any claim byany party acting on such information. .id accepts no liability with respect to the correctness, accuracy, currency, completeness,relevance or otherwise of this Data. Please view our Privacy Policy, Terms of use and Legal notices.

Copyright Notice

This Report and all material contained within it is subject to Australian copyright law. Copyright in all such material [excluding ABS Data& other data or information where ownership by a third party is evident] is owned by .ID Consulting Pty Ltd ACN 084 054 473. Otherthan in accordance with the Copyright Act 1968 or as specifically agreed between .id and the Client, no material from this Report may,in any form or by any means, be reproduced, stored in a retrieval system or transmitted, without prior written permission from .id. Anyenquiries regarding the use of this Report should be directed to info@id.com.au or 03 9417 2205.

QueenslandJobs

UNITE AND RECOVER for

Queensland’s Economic Recovery StrategyAn overview of

There has never been an event in our history which has had such a dramatic and sudden effect on the world and here in Queensland.

It has taken lives and livelihoods.

The way we have come together as Queenslanders in the face of immense challenge has been nothing short of inspiring.

Now is the time to look to the next phase and unite in recovery. This will be a staged recovery that preserves the effort and hard work that has gone in to protecting our health while gearing up industry and jobs for the road ahead.

Our objective is clear: backing Queensland jobs.

This recovery strategy sets out my government’s plan to kick-start our economy and get Queenslanders back to work in more jobs and more industries.

To date we have provided $6 billion to manage the health response and support business, but there is more to be done by both government and the private sector.

The spirit of cooperation fostered between the Federal and State governments in recent times must continue for the benefit of all.

My special thanks go to our frontline medical staff/teams and our Chief Health Officer for guiding and caring for us through this global event.

Because of our strong health response, Queensland is well positioned as we start our economic recovery.

The Honourable Annastacia Palaszczuk The Honourable Cameron Dick

MESSAGE FROM THE PREMIER

MESSAGE FROM THE TREASURER

When it comes to the health challenge of COVID-19, Queenslanders have stepped up and done everything our health experts have asked of us.

But now we face a new challenge, to restore the jobs and economic activity that we lost due to the need to follow COVID-19 restrictions. It is a challenge that our Government knows Queensland can meet.

The sooner we can get Queenslanders working again, the better our recovery will progress. And Queensland will recover.

Natural disasters have long made Queensland battle-hardened as we recover from upheaval.

We have proven our resilience in the past and will do it again.

The focus across the entire Government is backing Queensland by getting Queenslanders back to work.

We are doing this through $6 billion worth of COVID-19 support initiatives, including measures for businesses, workers, households, communities and the health sector.

We are also continuing to deliver our infrastructure pipeline for Queensland, worth $51.8 billion over four years.

Now is the time for governments at all levels to step up and invest. Failure to act decisively would incur a cost we cannot afford.

This Economic Recovery Strategy outlines some of the steps ahead – steps that will create the real action that will happen in towns, cities and communities across Queensland.

Our Government is committed to supporting the economic recovery of Queensland and will be working with industry sectors and community groups on the challenges we face.

Queenslanders deserve nothing less.

2

Unite & Recover

The Queensland Government has outlined a staged approach to supporting Queenslanders to travel again, participate in more activities and hold more gatherings. The Roadmap to Easing Restrictions provides sensible and gradual steps to a COVID-19 recovery that will reconnect our communities and keep our economy moving by supporting business, industry and Queensland jobs.

THE ROAD OUTSince the onset of the COVID-19 pandemic, the Queensland Government has invested $6 billion in initiatives to manage the health response and also to support Queensland businesses and families and protect local jobs.

These include:

• $1.2 billion to expand fever clinics, emergency department capacity, acute care services and regional aeromedical services for remote communities.

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

• A $1 billion 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.

• 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.

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

• $500 million in utilities bill relief for households and businesses, including a $200 credit for all 2.1 million Queensland homes to offset the cost of water and electricity and $100 million in electricity bill rebates for eligible small and medium sized businesses.

• $400 million in support for retail and commercial tenants, delivered as land tax relief and payment deferrals.

POSITIONING OUR STATE FOR ECONOMIC RECOVERY

3

Unite & Recover

Queensland’s Economic Recovery Strategy will be underpinned by the following guiding principles which will save and create jobs to get Queenslanders back to work.

Adapt to build a more resilient

and stronger economy

Invest in productive

infrastructure for the future

Build our regions based

on Queensland’s strengths

Create an environment for business

confidence and investment

Support Queensland

communities to be healthier and

more united

Unite & Recover

Queensland’s economic recovery strategy responds to the unique challenges and opportunities presented by the pandemic. The unprecedented nature of COVID-19 means the road ahead is long and uncertain.

THE ROAD AHEAD ACROSS OUR REGIONS

4

ECONOMIC RECOVERY STARTS NOW

This Economic Recovery Strategy allows for a staged, adaptable approach with the first stage being a set of immediate initiatives to get Queenslanders back to work and kick start our economy.

Our Economic Recovery Strategy recognises the importance of building vital infrastructure, strengthening Queensland's industries and enabling future growth.

5

Unite & Recover

Investing now in the infrastructure we need for the future will keep Queenslanders in jobs and create new jobs.

Fast track the delivery of the State Infrastructure Plan

Invest in new infrastructure to position our State for future success

Identify and support private projects which deliver economic benefit and support jobs

2

3

1

STRENGTHENING QUEENSLAND’S INDUSTRIES

ENABLING FUTURE GROWTH

BUILDING VITAL INFRASTRUCTURE

Skills, training and education Innovation

Competitive regulatory environment Trade and investment

Screen Industry, Artsand Major Events

Defence

Biomedical and Health

Resources

Tourism

Construction

Advanced Manufacturing

Agriculture

Small Business

International Education

Renewable Energy

Minerals

Hydrogen

METS (Mining Equipment Technology & Services)

Biofuels

TRADITIONAL STRENGTHS EMERGING STRENGTHS

6

Unite & Recover

6

BUILDING VITAL INFRASTRUCTURE

STRENGTHENING QUEENSLAND’S INDUSTRIES

ENABLING FUTURE GROWTH

• $50b Infrastructure Guarantee – to maintain the current State infrastructure investment program at $51.8 billion over the next four years 2019-20 to 2022-23.

• $400m Accelerated Works Program – to support our regions with a substantial capital and roads maintenance program.

• $200m Works for Queensland COVID-19 Recovery Package – to support local jobs and Local Governments with funding for building productive infrastructure.

• $11.25m Household Resilience Program – to support local industry by improving the resilience of North Queensland homes against natural disasters.

• $50m to support Queensland's Tourism Industry – to fast track tourism projects and assist our national tourism icons.

• $100m Small Business Adaption Grants Program – to help sustain small businesses so they can succeed post COVID-19.

• $7m Domestic Tourism Campaign – to support jobs and businesses in our tourism regions by marketing Queensland as the destination of choice for Australian travellers.

• $50m Making it for Queensland – to attract industry to grow the State’s advanced manufacturing capacity, particularly in biomedical and health.

• CopperString – $14.8M to continue investigating the feasibility of the CopperString project to connect the North West Minerals Province with the national electricity market to lower energy costs.

• $20m for additional training – to assist Queenslanders, particularly young people and women who have borne a disproportionate burden through job losses nationally, with access to additional free training.

• $20m Queensland Apprenticeships Centre – to help position Queensland at the forefront of renewable hydrogen.

1 2 3

FIRST STAGE OF RECOVERY INITIATIVES

STRENGTHENING QUEENSLAND’S INDUSTRIES

ENABLING FUTURE GROWTH

BUILDING VITAL INFRASTRUCTURE

Unite & Recover

7

For more information about the Queensland Government's COVID-19 Response, please visit covid19.qld.gov.au