A new $400 million jointly funded package from the Commonwealth and Victorian Governments will give Victorian small and medium businesses the extra support and confidence they need to recover from the most recent lockdown.
New automatic cash payments will offer support to eligible businesses and sole traders most affected by the lockdown. Further hardship funds will be made available to eligible businesses that do not qualify for existing programs.
Five key elements make up the support package to help businesses deal with ongoing public health restrictions.
COVID-19 Disaster Payments
Eligible workers across the state who lose hours due to the lockdown will be eligible for support through the Commonwealth’s COVID-19 Disaster Payment, as will businesses that do not qualify for Victorian Government support programs because they are not registered for GST.The COVID-19 Disaster Payment payments will be administered through Services Australia, with Victoria assuming responsibility to fund payments in areas that have not been declared a hotspot by the Commonwealth. text here. Use the block's Settings tab to change the caption position and set other styles.
https://www.coronavirus.vic.gov.au/financial-and-other-support-coronavirus-covid-19
Business Costs Assistance Program