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The Business Support Grant will provide one-off grants of $20,000 for employing businesses and $7,500 for non-employing businesses that can provide evidence of a 30 per cent reduction in turnover revenue in a consecutive 7-day period during the declared lockdown (from 13 August to 17 September). This will need to be compared with a consecutive 7-day period from April 2021 to August 2021.
To obtain the grant you will need to prove that:
To be eligible for the grant your business must:
The following is not an exhaustive list of what can be used as evidence:
Business are required to retain supporting information for two years. A short video to assist members in demonstrating a 30 per cent decline in turnover.
Small businesses with a turnover between $30,000 and $10 million per annum that have experienced a 30 per cent loss in revenue as a result of COVID-19 restrictions will also be eligible to apply to receive credits for payroll tax, utility charges, rates and other selected fees and charges up to a maximum of $10,000 per operator.
Yes, if you are eligible for each scheme you can apply. Further details will be available on the ACT Government COVID-19 website shortly.
You can express your interest in these schemes.
Visit ACT Government COVID-19 website for more information on how to apply.
If your employees experience a significant reduction in hours due to the impact of COVID-19 restrictions on your business, they may be eligible for the Disaster Payment wage support.
The Housing Industry Association (HIA) is urging the government to hit pause on the proposed Free TAFE Bill 2024. While the initiative promises to address critical skills shortages, HIA believes the plan needs a comprehensive review before it’s locked into law.
HIA provided a response to the Senate Education and Employment Committees on the inquiry into the Free TAFE Bill 2024.
The Housing Industry Association (HIA) welcomes the Coalition’s announcement allowing first home buyers to access up to $50,000 of their superannuation to purchase a home. This initiative represents a meaningful step towards addressing the significant barriers to home ownership faced by young Australians,” stated HIA Managing Director, Jocelyn Martin.
On behalf of all of us at HIA we would like to wish you a very happy 2025! As everyone heads back to work for the new year, we are sharing some exclusive member updates to get you ready for what lies ahead.
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