A government grant or loan may be able to help you improve your Australian business without using credit of your own. Even the loans offered often have better interest rates than at the bank. So, there is a higher chance that they will be paid off in the amount of time agreed upon. If you are worried about start up costs of your small business, grants are a major help, because they add to your small business capital without requiring out of pocket cash. If you know what you want to use the money for, you can go ahead and look for programs in your area or at the national tier geared towards what you want. If you are eligible you can then fill out proposals to try and get the funding you want.
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.