New Covid assistance package announced for Aus state
Sydney
13-July-2021

Photo: IANS
The government of Australia's New South Wales (NSW) on Tuesday announced an economic support package worth over A$5 billion, aiming to help businesses and people across the state amid the current Covid-19 lockdown.
The commitment will be up to A$5.1 billion, including the funding from the Commonwealth as part of a business and employee support program, reports Xinhua news agency.
The business grants program announced two weeks ago has been expanded, with grants between A$7,500 and A$15,000 available to eligible businesses.
Thousands of employees will also be protected with NSW committing a new business and employee support program to be delivered together with the federal government.
Residential tenants will have greater protection with a targeted eviction moratorium, and residential landlords who decrease rent for impacted tenants can apply for a grant or land tax reductions depending on their circumstances.
NSW Premier Gladys Berejiklian said the package has three key aims - protecting business, saving and keeping jobs through the lockdown, and ensuring people had support during an uncertain and difficult time.
"While our health and medical staff are fighting Covid-19 on the frontline, this comprehensive support package is aimed at saving jobs and protecting businesses until the lockdown is over," Berejiklian said.
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The fund will also be used to support sectors such as micro businesses, performing arts, accommodation and mental health.-IANS
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