Tag: government support

NSW Government Announces $66 Million Support Package To Revive Outdoor Dining

NSW Premier Dominic Perrottet has announced the distribution of new grants of up to $500,000 for councils and $5,000 for businesses to increase outdoor dining opportunities.  “Those alfresco dining changes that were brought in last year as a temporary measure will now become permanent. We know they’ve been incredibly successful in the Sydney CBD … […]

Accountants Encouraged to Talk to Their Clients About Business Closures

Accountants across Australia have been encouraged to raise the issue of business closures with their clients as ongoing lockdowns are quickly resulting in the death of a number of businesses. Recently published data shows that business defaults have increased by 20 percent over the past month. Averaging an increase of 10 percent over the last […]

Hardship Panel Established To Support NSW Businesses

The NSW State Government has announced the formation of a Hardship Review Panel to support businesses that are currently not eligible to receive any current Covid-19 business support measures. The purpose of the panel is to assess businesses that are currently experiencing financial hardship but do not meet the criteria for either the Covid-19 Business […]

Covid Disaster Payments Will End When Vaccination Rates Reach 80 Percent

Federal Treasurer Josh Frydenberg has announced Covid disaster payments for workers impacted by lockdowns will be discontinued once a state and territory reaches its 80 percent vaccination mark even if some regions end up being locked down again as a result of an outbreak. This means that income support for individuals who lost work during […]

Thousands of ACT Businesses Are Yet To Receive Business Support Grants During Lockdown

The ACT has been in lockdown for almost two months, however under 4000 outstanding support grants are yet to be processed for struggling businesses, with the ACT Chief Minister Andrew Barr largely blaming it on poorly submitted paperwork. However, ACT Liberal senator Zed Seselja believes that the ACT government is responsible for the delay, and […]

Covid-19 Small Business Support Grants For ACT Based Businesses

Businesses in Canberra who have been impacted by the recent covid-19 lockdown are now able to apply for support grants which are being provided by the ACT Government. Businesses who are eligible will be able to receive up to $10,000 (businesses with employees) or $4,000 (for businesses without employees). These funds will be available for […]

NSW and Victoria Government Boosts Support For Business

New South Wales and Victoria State Governments have both announced an increased level of business support measures to lessen the burden of recent state lockdowns, while the federal government has also increased its support for individuals as the covid-19 crisis continues to drag on. NSW Government Opens Applications For JobSaver On Monday 26th July, applications […]

2021 Covid-19 Business Support Grants Announced For Lockdown Impacted Business In Queensland

If your business has recently been impacted by the latest Queensland based covid-19 lockdown, you might be eligible to receive financial support via the 2021 Covid-19 Business Support Grants. These grants worth $5,000 will be available for small and medium businesses located across Queensland who have been impacted by the lockdown which commenced on Saturday […]