NSW Government Business Support

BUSINESSES REELING FROM CANCELLATIONS FIND SUPPORT

The latest NSW Government COVID support package is welcome news for local businesses who have lost income following the postponement of the Tamworth Country Music Festival.

Member for Tamworth Kevin Anderson said the $1 billion package was welcome news to local businesses who have been suffering significant downturn at a time which should have seen long-awaited profits.

“The cancellation of our festival was devastating for local businesses, workers and artists who had spent the past 2 years waiting for the return of the festival,” Mr Anderson said.

“Omicron has been tough for businesses here in Tamworth, particularly those is the hospitality industry which is why I it’s great news that these support measures are now in place to help them get through this period and bounce back better than ever”

“The Small Business Support Program helps businesses with annual turnover of between $75,000 and $50 million with a decline in turnover of at least 40 per cent.

“Critically, this allows our small businesses to survive through to the revised dates where they can expect a boost in trade.

“We’re all gearing up for a big festival in April and this support package will give local businesses the confidence to order stock, maintain staffing levels and ensure they are ready for an influx of visitors and new business.”

In addition, the existing Small Business Fees, Charges and RAT Rebate will be increased by 50% from the current $2,000 limit to $3,000 and employing businesses will be able to use the rebate to obtain RATs. 

This will support worker availability by helping reduce costs to small businesses and enabling healthy staff who have been exposed to COVID-19, but test negative, to return to work.

For more information please visit www.nsw.gov.au