Further federal support for Victoria

PROVIDING FURTHER FEDERAL SUPPORT FOR VICTORIA

With Melbourne’s sixth lockdown extended, it remains an incredibly tough time for Victorian families, households, and businesses.  A new round of support from the Commonwealth and Victorian Governments will flow to small and medium businesses most affected by the extension of public health restrictions in Melbourne.  You can read more here.

Business Support Package

The vast majority of the $807 million package funded 50:50 by the Commonwealth and Victorian Governments announced today will flow automatically to more than 110,000 businesses in industries ranging from hospitality to non-essential retail, accommodation, events businesses, hairdressing and beauty services.

The Commonwealth and Victorian Governments have committed almost $2 billion since this most recent outbreak to help support Victorian businesses that are playing such a vital role in the fight
against the fast-moving Delta variant.

  • Business Costs Assistance Program – More than 110,000 businesses in metropolitan Melbourne will automatically receive payments of $5,600 ($2,800 per week)
  • Licensed Hospitality Venue Fund – Automatic payments of $5,000, $10,000 and $20,000 per week will be made to about 7,000 licensed hospitality premises in metropolitan Melbourne that have previously received grants under the Licensed Hospitality Venue Fund 2021 or July Extension programs.
  • Small Business COVID Hardship Fund – grants of up to $10,000 for small businesses not eligible for support under existing programs.

For information about the above programs including eligibility, please click here.

COVID-19 Disaster Payments

Commonwealth COVID-19 Disaster Payment arrangement for Melbourne workers and eligible sole trader businesses have also been extended to 2 September in line with the new restrictions period. Since 1 July, almost $450 million in COVID-19 Disaster payments has flowed to Victoria supporting the incomes of more than 330,000 Victorians.

  • $750 a week for anyone who has lost 20 hours or more of work a week.
  • $450 a week for anyone who has lost between 8 and 20 hours of work a week.
  • People who receive certain Commonwealth income support are eligible to receive a $200 payment where they have lost eight hours or more of work due to the lockdowns.

Further details at servicesaustralia.gov.au

Ongoing support for Victoria

  • Over $45 billion in direct Federal economic support has flowed to Victorian families and businesses during COVID-19.
  • On a per capita basis, more economic support has been delivered to Victoria than any other state or territory.
  • The Morrison Government has delivered around three times more direct economic support to Victoria than the state government.

19 August 2021