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New grants for lockdown-affected Northern Beaches businesses

Adrian Flores
Adrian Flores
05 February 2021 2 minute readShare
New grants for lockdown-affected Northern Beaches businesses

Small businesses in Sydney’s Northern Beaches affected by COVID restrictions during the Christmas period can now apply for support grants under a new program announced by the NSW government.

The new program would provide a rollout of $3,000 and $5,000 hardship grants to eligible Northern Beaches businesses.

The $3,000 grant is for small businesses that have suffered at least a 30 per cent decline in turnover due to the lockdown, while the $5,000 grant is for small businesses that have had at least a 50 per cent decline in turnover.

The NSW government said it designed the program to cover unavoidable costs for which no other government backing is available, including utilities, rent, financial or legal advice, and other activities to support the operation of a business.

In addition to the grants, the NSW government announced it will be implementing additional measures to support businesses in the Northern Beaches, including:

  • Promotion for the Northern Beaches for local attractions and welcoming visitors to the community.
  • Industry-specific information on public health restrictions to assist small businesses impacted by Public Health Orders to better understand their obligations.
  • Improved access to existing support including mental health resources for small business owners on the SafeWork website, Business Connect, and the Small Business Commission’s mediation services team.
  • The Dine & Discover program whereby a pilot of the program will be tested in the Northern Beaches.

NSW Treasurer Dominic Perrottet said the government was committed to supporting businesses while keeping people and communities safe.

“The Northern Beaches community and businesses did an outstanding job in helping control the spread of the virus at a critical time and, unfortunately, that had a material impact on many businesses,” Mr Perrottet said.

“After almost 12 months, we continue to battle the impacts of COVID, both in a health sense but also from an economic perspective and that is why we are providing targeted and temporary financial assistance to those impacted by the recent lockdown.”

The NSW government’s eligibility criteria

Tier 1: $3,000 grant

Small businesses and not-for-profits that were subject to the Public Health (COVID-19 Northern Beaches) Order 2020 (the Northern Beaches Public Health Order) will be eligible for a one-off $3,000 Northern Beaches Hardship Grant if they:

  • Are a non-employing business or a business with fewer than 20 full-time equivalent staff (FTE).
  • Have an Australian business number (ABN) registered in, or they can demonstrate they are physically located and primarily operating in the Northern Beaches Local Government Area (LGA).
  • Experienced a decline in turnover of at least 30 per cent due to the Northern Beaches Public Health Order over a minimum two-week period from 19 December 2020 to 10 February 2021 compared to the same time last year.
  • Have total Australian wages below the NSW government 2020–21 payroll tax threshold of $1,200,000 as at 1 July 2020.
  • Have an annual turnover of more than $75,000 as at 1 March 2020.
  • Had unavoidable business costs during the Northern Beaches lockdown (e.g. rent), for which there is no other government support available.

Tier 2: $5,000 grant

Small businesses and not-for-profits that were subject to the Public Health (COVID-19 Northern Beaches) Order 2020 (the Northern Beaches Public Health Order) will be eligible for a one-off $5,000 Northern Beaches Hardship Grant if they meet all the eligibility criteria for the $3,000 (tier 1) grant, except they must:

  • Have experienced a decline in turnover of at least 50 per cent due to the Northern Beaches Public Health Order over a minimum two-week period from 19 December 2020 to 10 February 2021 compared to the same time last year.
New grants for lockdown-affected Northern Beaches businesses
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Adrian Flores
Adrian Flores

Adrian Flores is the deputy editor of MyBusiness. Before that, he was the deputy editor for SMSF Adviser as well as features editor for ifa (Independent Financial Adviser), InvestorDaily, Risk Adviser, Fintech Business and Adviser Innovation.

You can email Adrian at adrian[email protected].

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