Immediate small company help for bushfire impacted communities

Immediate small company help for bushfire impacted communities

In reaction to your devastating bushfires, the Morrison Government has now announced a thorough suite of measures to immediately help impacted small enterprises.

This package that is initial to your requirements expressed by smaller businesses on a lawn and also at the little company roundtable a week ago which saw chambers of commerce from fire impacted areas, the Australian Chamber of Commerce and business while the Council of Small Business Organisations Australia come with the national to discuss the effects for this normal tragedy on small company.

This package that is comprehensive allow it to be easier for folks who have experienced direct fire harm, or have already been indirectly economically affected following a bushfires, to obtain back to their foot.

This package offers with all the challenges we understand smaller businesses in these certain areas are facing, and will continue to face. Our instant priorities for smaller businesses include give financing, concessional loans, income tax relief, a separate and single contact point to assist them to access the help that’s available, and monetary counselling solutions which can be aiimed at assist tiny and family members companies handle the emotional and economic challenges they face.

Grant financing

The Federal Government will provide top-up grants to eligible small businesses and non-profit organisations under the Disaster Recovery Funding Arrangements to build on the disaster recovery grants put in place by state governments. Continue reading