A State Government support package announced on Tuesday will help businesses in Narrandera and elsewhere through the COVID lockdown.
The package was announced by the Premier and Treasurer as the lockdown begins to dramatically hit the bottom line of business owners.
Business NSW Regional Manager, Murray-Riverina Anthony McFarlane said Business NSW had been working with the Government on this initiative since the lockdown was confirmed on Saturday and by using the real experiences of members was able to demonstrate the widespread need for a quick turn-around for this package.
“This will be one of the fastest and largest business support packages from any state in Australia in response to the pandemic,” he said.
Small businesses of 20 or fewer employees including sole traders will be eligible for grants of either $5000, $7000 or $10,000, depending on the nature of the loss in turnover they can demonstrate. For the Murray-Riverina region, tourism or hospitality related business can claim the grants if its turnover is less than $10 million each year.
“In simple terms, non-Payroll Tax paying businesses who have suffered as a result of the lockdown can access a grant and have that in their account by mid to late July,” he said.
“Larger businesses haven’t been ignored either, with a number of State Government taxes and charges deferred, with payments due later in the year. Dine & Discover vouchers will be extended until August 31, and be able to be used at takeaway venues, so long as that food is delivered and not picked up.”
