The NSW Government has launched a support package of more than $1 billion to help small businesses and the performing arts recover from the impacts of the COVID-19 Omicron wave.
Small business Support Program
The 2022 Small Business Support Program will help businesses with cash flow, expenses and staffing costs.
To be eligible, your business must have a $75,000 to $50 million turnover and show evidence of a decline in turnover of 40% or more in January 2022. You’ll also need to have had a 40% or more drop in turnover from 1 to 14 February 2022.
Businesses with employees can receive 20% of weekly payroll as a lump sum for the month of February, with a minimum payment of $750 per week and a maximum payment of $5,000 per week. And sole traders or businesses without employees can receive $500 per week.
Find out more and apply here.
Expanded Small Business Fees & Charges Rebate
They are increasing the small business fees and charges rebate from $2,000 to $3,000. Eligible small businesses with employees can use the rebate against 50% of the cost of rapid antigen tests from late March.
Apply for the rebate here.
More Support for Commerical Landlords
The Commercial Landlord Hardship Fund offers grants to eligible landlords who have provided rent relief to retail or commercial tenants – and have experienced financial hardship as a result.
If you provided rental waivers from 1 August 2021 to 13 January 2022, apply now, and you could receive up to $3,000 a month to help cover the cost.
Applications close 31 May 2022.
Find out more and apply here.
Extended Performing Arts Package
This package provides financial support to relaunch the performing arts sector in line with the NSW Government’s roadmap to recovery. The package has been extended to 30 April 2022.
Find out more and apply here.
