The Andrews government has announced a further $282.5m cash boost for businesses struggling during Victoria’s fifth lockdown. Picture: NCA NewsWire / David CroslingSource:News Corp Australia
The Andrews government has announced a further $282.5m cash boost for businesses struggling during Victoria’s fifth lockdown.
Industry Support and Recovery Minister Martin Pakula said the cash injection would provide “some comfort” over the next few days and ensure businesses get another $2800 under the Business Cost Assistance Program.
“For businesses who received earlier rounds of the grants, the top-up payments would be automatic, he said.
“Those businesses that either didn’t choose to apply during the May-June lockdown or had been ineligible or has since become eligible … their applications will be considered outside of that automatic top-up process,” Mr Pakula told reporters on Wednesday afternoon.
Industry Support and Recovery Minister Martin Pakula announces payments for businesses. Picture: NCA NewsWire / Paul JeffersSource:News Corp Australia
Alpine businesses will receive an additional $3000 on top of the other grants, while eligible public events and public events suppliers affected by the lockdown will receive support of up to $25,000 and $10,000 respectively through an extension of the Impacted Public Events Support Program.
Another round of Live Performance Support was announced, with up to $7000 for presenters and $2000 for suppliers.
Community sport and recreation organisations will also receive $2000 grants for events that have been cancelled or postponed.
“I do speak to hundreds of them (business owners). I read every email and I get how profoundly difficult this is for restaurants, for pubs, for retailers, for all manner of businesses,” Mr Pakula said.
“But it‘s why I’m determined to get this outbreak under control as quickly as possible.
“It’s not possible for any of those businesses to get back to anything equating normal operations when there are huge numbers of cases circulating in the community.”
Victorian businesses have been hit hard, plunged into a fifth lockdown since the pandemic begun. Picture: NCA NewsWire/ David CroslingSource:News Corp Australia
Victorians have been living under a fifth lockdown since last Friday.
The snap lockdown was extended until 11.59pm next Tuesday due to rising Covid-19 cases and exposure sites.
The Victorian government has provided almost $7bn in economic support for businesses during the pandemic, including more than $500m through the May-June lockdown.
About $180m was paid over the past two days to more than 86,000 Victorian eligible businesses for the first five days of the current lockdown.
Victoria recorded 22 cases on Wednesday – 16 of those infections were quarantining during their infectious period.
More information about businesses support is available at business.vic.gov.au.