Business to reap $1 billion support package

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JobSaver 2.0 is designed for small to medium businesses who can prove they lost 40 per cent of their turnover during January. 9News

JobSaver 2.0 is designed for small to medium businesses that were worst hit during theBusinesses that can prove they lost 40 per cent of their turnover during the month of January will be able to claim back up to 20 per cent of their payroll during the month of February.NSW Treasurer Matt Kean said summer was "a difficult time for many families and particularly businesses"."We know this will help many small businesses that have been doing it tough," Treasurer Matt Kean said.

Under the scheme, businesses will be eligible to be reimbursed for rapid antigen tests bought for staff during this period."We're providing the opportunity for businesses to also incorporate the purchasing of RATs as part of those grants," NSW Premier Dominic Perrottet said.Pedestrians in a very quiet and closed Pitt Street shopping mall in Sydney.The Commonwealth Government has not announced any plans to match the state payments.

"We estimate that the cost to the NSW economy of the Omicron outbreak has been about 60 per cent of that of the Delta Outbreak," Mr Kean said. "So it is having a huge impact on the economy, not as large as Delta, but it's particularly being felt by some sections of the economy. "That's the small business sector - retail, tourism, hospitality and those businesses that ply their trade through face-to-face trading like hairdressers and beauticians.""What we wanted to do was make sure we got a package right, targeted at sections of the economy that needed the most support," Mr Kean told Today.

 

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But not for micro business (under 75k) who dont pay GST!

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NSW government to announce billion-dollar business packageA billion-dollar support package will be made available for New South Wales businesses as Omicron tears through the state's economy. 9News What about victoria surelyyyyy we where locked down the most in the fricken world Good, a biz support package is coming, but hang on Dom_Perrottet - only for “losses incurred Jan/Feb” and no retrospective payments? December would be the month retail and some hospo suffered the most losses, and would normally be biggest month? This doesn’t cut it ChrisMinnsMP so they can still claim a loss and pay staff cash in hand that is lower than the award rate?
Fonte: 9NewsAUS - 🏆 10. / 72 Consulte Mais informação »