Victorian government unveils new business support to aid lockdown recovery

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Victorian businesses will have access to a $3 billion program of support including cash grants and tax relief as the state government seeks to boost the economy in the wake of the coronavirus pandemic

"[This] is without any shadow of a doubt, the biggest package of business support in the history of this state, and it needs to be unprecedented in nature," he said.The package will include:

The government said the payroll tax deferral would provide a $1.7 billion "cashflow boost" to businesses.The move comes as the government has faced a push from some parts of the business community to alter its road map for removing coronavirus restrictions to allow for more economic activity. "I understand that businesses are desperate, not just for profits, but for their people. They are desperate to open up," he said.Mr Andrews said he would speak to Prime Minister Scott Morrison about the details of the business support later today.Industry Support & Recovery Minister Martin Pakula said the new financial support would particularly help businesses who had been closed as a result of the lockdowns.

"That crucial cash flow will be primarily targeted at those businesses which continue in the next stage to still be closed heave - heavily restricted or restricted," he said.

 

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another bribe

Not all business that are in this category. So frustrating being a small business owner yet getting zero govt support.

Propaganda.

$3billion lol. Lockdowns cost the economy an estimated 500million PER DAY in stage 4. Might want to up that by 10x for the devastation caused

Need money to pay my retail rent now Dan, landlords can do so much.

GiveDanTheBoot

Andrews trying to buy his way out, 2 late the Andrews government is finished. It would be a grand thing if just 1 of ur reporters investigate where Andrews is getting the money from. China is a great place to start, seeing Victoria has become a little china thanks 2 DictatorDan

Where's the money coming from? CCP is a fair guess. Belt & Road payoff.?

Load of crap small business gets nothing .. just more lies

Think they just realised they are going to get thumped at the next election and thought, “ let’s throw some money at these gullible fools “ fuck off andrews.

Tax relief? You won't pay tax when you have zero revenue

Do we have a money tree I don’t know about? 😳

Just wish the Australian government would make a huge package to support the climate change 🤞

And that's only the beginning of the costs to Taxpayers of Andrews bungling incompetence.

I hope they are going to help the small business and not just the big one.

Well done Dan

is that 3 billion yuan?

As usual, privatise the profits and socialise the losses..

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