To: NSW MEMBERS
The NSW State and the Commonwealth Governments have today announced assistance for businesses and individuals affected by the current NSW lockdown. The JobSaver program has been increased and made available to more businesses while the Disaster Payments have been increased.
Government Media Release: https://www.pm.gov.au/media/nsw-business-support-package-expansion
JobSaver Boost:
- Payments will now be available to businesses with an annual turnover of between $75,000 and $250 million, which have experienced a revenue decline of 30 per cent or more.
- The maximum weekly payment has been increased, with employing businesses that maintain their employee headcount now able receive between $1,500 and $100,000 per week, up from $10,000, with payments based on 40 per cent of their weekly NSW payroll.
Applications for JobSaver opened on Monday but today’s JobSaver boost will be backdated, so businesses that have already received a first payment on previous settings will be topped up when their next payment is made. Businesses can expect to receive funds in their accounts within five to ten business days from their approval date.
Disaster Payment Increase:
- The $600 disaster payment for people who have lost more than 20 hours a week will lift to $750.
- The payment for people who have lost less than 20 hours of work increases from $375 to $450 a week.
For more information on the COVID-19 Disaster Payment, visit https://www.servicesaustralia.gov.au/individuals/services/centrelink/covid-19-disaster-payment.
Support for businesses is also available through the 2021 COVID-19 Business Grant.
For more information on COVID-19 support available, visit https://www.nsw.gov.au/covid-19/2021-covid-19-support-package.