Victorian government announces $282.5m cash boost for struggling businesses

victorian government announces 282 5m cash boost for struggling businesses

Sumary of Victorian government announces $282.5m cash boost for struggling businesses:

  • 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.
  • Camera IconIndustry Support and Recovery Minister Martin Pakula announces payments for businesses.
  • NCA NewsWire / Paul Jeffers Credit: News Corp AustraliaAlpine 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.
  • 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.
  • NCA NewsWire/ David Crosling Credit: News Corp AustraliaVictorians have been living under a fifth lockdown since last Friday.

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