Financial support for local businesses
30th August 2021
FINANCIAL SUPPORT FOR LOCAL BUSINESSES All Lake Macquarie businesses are eligible to apply for the range of Covid-related financial assistance offered by the State Government. Previously, some local businesses couldn't meet eligibility criteria because they had to show a downturn in business in July when the local lockdown didn't happen until August. That has changed and businesses only need to show a 30% reduction in business over a two-week period at ANY TIME after the lockdowns in their region actually began. The main support packages include:- JobSaver. Fortnightly payments of up to $100,000 per week for employing businesses and $1000 per week for non-employing businesses, with 30% decline or more. Apply here.
- 2021 COVID-19 Micro business grant. A fortnightly payment of $1,500 for businesses with a turnover between $30,000 and $75,000, that can show a revenue decline of 30% or more. Apply here.
- COVID-19 Disaster Payment. Financial support for workers of $325–$450 for a loss of 8 to 20 hours of work per week, and $500–$750 for a loss of more than 20 hours per week. Apply here.