Cash Support For Victorian Businesses and Workers During Lockdown
The Victorian Government has announced a range of new supports to bolster communities and businesses most affected by the current restrictions.
An injection of $282.5 million means 90,000 businesses and sole traders will now share in up to $484.3 million in support for the 12 days of the current restrictions. This includes:
Eligible Business Costs Assistance Package Round Two recipients will receive $2,800, taking total payment to $4,800
Businesses that had not previously applied, or have become eligible to apply, will be welcome to apply for July lockdown support payments and will be considered outside the automatic top-up process
The vast majority of microbusinesses not registered for GST will be eligible for the Commonwealth Government COVID-19 Disaster Payment of $600/$375 per seven-day period. The Victorian Government will establish a concierge service to help these businesses access this support.
Further information on these programs will be published soon on the Business Victoria website or subscribe to the Business Victoria Update for updates.