NSW Government Weekly Update 3 September

For the latest COVID-19 advice & information please visit www.nsw.gov.au/covid-19

COVID-19 ECONOMIC SUPPORT MEASURES EXTENDED

  • The NSW Government has announced an additional $3.9 billion in funding, including $1.5 billion from the Commonwealth, as part of its COVID-19 economic support package providing ongoing assistance to businesses and individuals affected by current lockdown restrictions across the State.
  • This additional funding will extend the successful JobSaver program and Micro-business Grant and continue rent relief incentives.
  • Additional relief for businesses will also be provided with further reductions in payroll tax as well as allowing eligible businesses to defer their payroll tax payments, due from July 2021 through to December 2021, until the 14 January 2022 with 12-month interest free repayment plans to be available.
  • The NSW Government has now committed $7.7 billion in COVID-19 support measures, with a further $3.4 billion from the Commonwealth, bringing the total assistance for businesses and individuals to more than $11 billion.
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