Shepparton News

Government cash unlocked

REGIONAL VICTORIAN BUSINESSES OFFERED EXTRA SUPPORT AS LOCKDOWN IMPOSED IN ENTIRE STATE

- By Darren Linton

A package of automatic cash grants jointly funded by the Commonweal­th and Victorian government­s will provide regional Victorian businesses with support they need following the extension of the Victorian lockdown to the whole of the state.

Grants to be paid through the new $146.6 million initiative will be made automatica­lly without the need for regional businesses to make an applicatio­n.

These programs will support 20,000 businesses throughout regional Victoria.

Business Costs Assistance Program: About 18,000 businesses in regional Victoria will automatica­lly receive payments of $5600 ($2800 per week) if they have previously received grants under the Business Costs Assistance Round Two or July Extension programs.

Small Business COVID Hardship Fund: Businesses in regional Victoria that do not qualify for this new support and have experience­d a reduction in revenue of at least 70 per cent are encouraged to apply for the $252 million Small Business COVID Hardship Fund, which provides grants of $14,000 to successful applicants.

Licensed Hospitalit­y Venue Fund: Automatic payments of $5000, $10,000 and $20,000 per week will be made to more than 2000 licensed hospitalit­y premises in regional Victoria that have previously received grants under the Licensed Hospitalit­y Venue Fund 2021 or July Extension programs.

The COVID-19 Disaster Payment: A payment of $450 for people who have lost from eight to 20 hours work or a full day of work (over seven days), and $750 for 20 hours or more of work lost.

Commonweal­th income support: People who receive certain payments are eligible to receive a $200 payment where they have lost eight hours or more of work due to the lockdowns. Victorian micro-businesses and sole trader business owners who wish to apply for the Commonweal­th COVID-19 Disaster Payment can access the Business Victoria Concierge Service on 13 22 15 and schedule an appointmen­t that will provide them with assistance to make an applicatio­n.

Victorian Treasurer Tim Pallas said this support package would provide assurance to businesses in regional Victoria when they needed it the most.

 ??  ?? Locked out: Deserted city streets after regional areas were forced into lockdown again.
Locked out: Deserted city streets after regional areas were forced into lockdown again.

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