The Victorian Chamber welcomes today’s State Government announcement of a $143 million targeted business support package to compensate the sectors hardest hit by the recent COVID-19 lockdown.
The Victorian Chamber has been advocating for this assistance since the lockdown was announced and have made many representations to government on behalf of our members and this has been reflected in the below package.
While some businesses and sectors will miss out, and the support won’t cover the total economic loss caused by lockdown, it is targeted and reasonably generous.
The package includes:
- $92 million for $2,000 grants for hospitality venues (including food wholesale), event operators, and specific retail (hairdressers and florists) with a payroll of less than $3m.
- $24.9 million to provide an additional $3,000 per premise to venues who have received a grant under the Licensed Hospitality Venue Fund (recipients of this will not be eligible for the $92m assistance above).
- $16.2 million for grants for accommodation providers who had cancellations with those who had 10 bookings or less receiving $2,250 and those with 11 bookings or more $4,500.
- $10 million for 40,000 travel vouchers to encourage Victorians to visit greater Melbourne, and an extension of the successful regional travel voucher scheme with an additional 10,000 vouchers, which the Victorian Chamber has been calling for.
The Victorian Chamber encourages members to apply for all the assistance they are entitled to and we will provide