Over $80 Million For Local Businesses And More Still To Come

31 Aug 2021 cost_of_living

Tens of millions of dollars in NSW Government financial support is now flowing to Central Coast businesses that have been impacted by the COVID-19 lockdown. 

Parliamentary Secretary for the Central Coast and Member for Terrigal Adam Crouch said over $86 million in grant funding requests have now been processed and approved by Service NSW.


“This significant amount of funding is nearly four times more than the $22 million which Central Coast businesses received from the NSW Government during the first lockdown in April and May 2020,” Mr Crouch said.


“One-off grants between $7,500 and $15,000 were offered to business owners to help them during the first three weeks of the lockdown.


“The JobSaver program is now offering regular payments ranging from $1,000 to $100,000 for business owners that retain their staff, and this program will continue to provide payments for as long as the lockdown lasts.


“Micro businesses with an annual turnover between $30,000 and $75,000 are also receiving financial support for the first time since the pandemic began, with a tax-free payment of $1,500 per fortnight being offered.”


Mr Crouch said Service NSW staff had been overwhelmed by the significant number of funding requests.


“I want to apologise for the initial delay in the rollout of these funds,” Mr Crouch said.


“An additional 150 staff have been hired and trained by Service NSW. Since 6 August these staff having been working round-the-clock to clear the backlog and supplement the work of 258 existing staff members already processing funding requests.”


For more information, go to: www.service.nsw.gov.au/campaign/covid-19-help-businesses