With the drip feeding of lockdowns plaguing regional New South Wales and Greater Sydney still undergoing a long lockdown, the National Retail Association urges businesses to apply for as many support packages as you are eligible for.
We have collated the current packages and their respective deadlines (please note some of which have been recently extended) to give businesses a snapshot of what is available to you.
COVID-19 Business Grants
Deadline: Applications will close at 11:59pm on 1 October 2021.
If you’re a business, sole trader or not-for-profit organisation in NSW and you were impacted by the earliest COVID-19 restrictions, you may be eligible for a one-off grant of $7,500, $10,500 or $15,000.
The 2021 COVID-19 business grant provides support for businesses that experienced reduced demand or had to close due to the public health orders. If you did not receive cash flow support for the first 3 weeks of the restrictions (26 June to 17 July 2021) and are eligible for these payments, we suggest you apply as soon as possible.
More information on this package and its eligibility criteria can be found here.
For support from week 4 of the restrictions (18 July 2021 onwards), see Apply for the JobSaver payment.
JobSaver
Deadline: Applications will close after 11:59pm on 18 October 2021.
JobSaver will provide cash flow support to impacted businesses in Greater Sydney and regional NSW to help maintain their NSW employee headcount.
You’ll need to nominate the 2-week period in which your business first experienced the required decline in turnover on or after 26 June 2021. Once approved, payments will be made in arrears and will begin from that nominated fortnight. Payments for JobSaver cover the period from 18 July 2021 onwards.
The payment will be equivalent to 40% of the weekly payroll for work performed in NSW:
- minimum payment will be $1,500 per week
- maximum payment will be $100,000 per week.
More information on this package, and its eligibility criteria can be found here.
If you were impacted by restrictions from 26 June, you may apply for the COVID-19 business grant.
2021 COVID-19 Micro Business Support Grant
Deadline: Applications will close after 11:59pm on 18 October 2021.
If you’re a micro-business (small business, sole trader or not-for-profit organisation with aggregated annual turnover between $30,000 and $75,000) impacted by the recent COVID-19 restrictions, you may be eligible to apply for a fortnightly payment of $1,500.
Eligible businesses will need to nominate the 2-week period in which they first experienced the required decline in turnover, on or after the commencement of the micro-business grant on 26 June. Once approved, payments will begin from that nominated fortnight. Payments will be made in arrears.
More information on this package, and its eligibility criteria can be found here.