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City of Melbourne announces stimulus package

Maja Garaca Djurdjevic
Maja Garaca Djurdjevic
20 March 2020 1 minute readShare
Melbourne

The City of Melbourne has pledged support to its small businesses affected by the COVID-19 outbreak.

This week, the City of Melbourne announced its own stimulus package valued at more than $10 million to keep Melburnians in jobs and support city businesses affected by the coronavirus.

The support package will include suspending fees for Food Act registrations and street trading permits for three months, halving rent for eligible tenants in council-owned buildings for three months, opportunities to deploy casual and part-time staff to enhance city cleanliness and amenity, and developing a rates hardship policy for consideration by the end of March.

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The City of Melbourne also said it will host a virtual COVID-19 Business Support Summit in partnership with the Victorian government, Department of Health and Human Services, federal government representatives, Victoria’s chief health officer and Victorian Chamber of Commerce and Industry.

In moving the motion, deputy lord mayor Arron Wood said: “We recognise that cash-flow management will be a pressing issue for small businesses in the coming weeks and months.

 

“We’re developing an investment package to provide direct support to businesses. This will include up to $1 million for training and support and up to $500,000 in grants to support businesses to develop e-commerce and online services,” the deputy lord mayor said.

The city will also implement a business concierge service that will provide one-on-one advice and support to Melbourne businesses negatively impacted by COVID-19.

Lord mayor Sally Capp said the package will support businesses affected by the state-wide emergency measures announced on Monday which include social distancing to prioritise health and safety.

“Fees for some permits will be waived and businesses can apply for direct grants to help keep them trading,” the lord mayor said.

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“We will temporarily waive fees for street trading and outdoor dining areas at a cost to council of $700,000.

“The economic impacts from this virus will be significant and we’re encouraging everybody to support local businesses wherever they can.”

The lord mayor said the City of Melbourne would be working with Queen Victoria Market management to provide appropriate support to traders.

“Queen Victoria Market is the lifeblood of our city and we’re doing everything we can to support traders affected by the downturn,” the lord mayor said.

“We will request the board of the Queen Victoria Market to consider rent relief for affected tenants and stallholders.

“Were doing everything we can to help businesses stay open and keep Melburnians in jobs.”

City of Melbourne announces stimulus package
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Maja Garaca Djurdjevic
Maja Garaca Djurdjevic

Maja Garaca Djurdjevic is the editor of My Business. 

Maja has a decade-long career in journalism across finance, business and politics. Now a well-versed reporter in the SME and accounting arena, prior to joining Momentum Media, Maja reported for several established news outlets in Southeast Europe, scrutinising key processes in post-conflict societies and enabling citizens to influence decision-making.

You can email Maja on [email protected]mentummedia.com.au 

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