13th July, 2021 ยท bulletin

NSW COVID-19 Support Package

2 minutes to read

To: NSW Members

 

The Commonwealth and NSW State Governments have today announced an expansion and increase to the COVID-19 Disaster Support Payment package for individuals and businesses in NSW.

The support package has expanded the existing disaster support payment for those staff which have been stood down or placed on reduced hours.

There is also a new business support payment, but this will only be made available to entities with a turnover less than $50million, which would exclude the overwhelming majority of Dealers in the state.

The AADA will be making representations to the NSW and Commonwealth Governments, explaining the inadequacy of the turnover threshold for our industry as well as the lack of rental relief.

 

Support for workers

Under the package, from week four of a lockdown due to a Commonwealth declared hotspot, disaster payment will:

  • Increase to $600 for those who have lost 20 or more hours of work a week, or;
  • $375 for those who have lost between 8 and 20 hours per week.

Dealers needing to reduce the hours of their workers should notify their staff that they may be eligible for the support payment.

From 18 July 2021, the Disaster Payment will become available for those outside a Commonwealth declared hotspot in NSW, providing they are eligible for the payment.

 

Business support payment

For businesses with an annual turnover of between $75,000 and $50 million a new business support payment will be available to those that can demonstrate a 30% decline in turnover. Eligible businesses will be required to maintain staffing levels as of 13 July 2021 for full time, part time and long-term casual employees.

This payment will almost certainly not be available to the overwhelming majority of Dealers in NSW.

To receive the payment, eligible entities will be required to maintain their full time, part time and long term casual staffing level as of 13 July 2021.

Eligible entities, which includes not-for-profits, will receive payments of between $1,500 and $10,000 per week based on the level of their payroll. For non-employing businesses, such as sole traders, the payment will be set at $1,000 per week.

Herein, the same support will be offered to any other state or territory that is placed into extended lockdown.

The joint Commonwealth and NSW announcement is available here.

 

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