From mid July in NSW, through the state government, the federal government has half funded Job Saver. This is essentially a re-branded version of Job Keeper, made for NSW, but no other state or territory, apparently.
Given extend lockdowns in the ACT and Victoria, it does not make sense to me that the federal government would not put in place similar arrangements.
Here is the announcement about the NSW program from the federal treasurer’s page:
Small and medium business support payments
From week four of the lockdown, the Commonwealth will fund 50 per cent of the cost of a new small and medium business support payment to be implemented and administered by Service NSW.
Eligible entities will receive 40 per cent of their NSW payroll payments, at a minimum of $1500 and a maximum of $10,000 per week.
Entities will be eligible if their turnover is 30 per cent lower than an equivalent two week period in 2019.
The new small to medium business support payment will be available to non-employing and employing entities in NSW, including not for profits, with an annual turnover between $75,000 and $50 million.
To receive the payment, entities will be required to maintain their full time, part time and long term casual staffing level as of 13 July 2021.
For non-employing businesses, such as sole traders, the payment will be set at $1,000 per week.
Businesses can register their interest from 14 July 2021 at Service NSW.
The assistance will cease when current lockdown restrictions are eased or when the Commonwealth hotspot declaration is removed.
I am drawing attention lion to this today in response to contact from several retailers doing it tough in lockdown with almost no support available for their businesses.
The Covid situation in Australia right now flows from NSW failures to suppress the Delta strain. Their approach, endorsed by the federal government, has placed us where we are. It is for this reason I think the federal government needs to step up and provide base level funding for businesses with even a modest decline. Doing so would be a boost to business owner and consumer confidence, which is something the country needs right now given the prospect of another recession.
I appreciate this is a political topic. It is also a personal topic for businesses owners in Victoria and the ACT, as well as business owners elsewhere that sell into NSW, ACT and Victoria. One WA based business owner I spoke with 2 days ago is down almost 70% because their customers on the East coast are not ordering. It is stories like this that make it a federal government issue.
If only there was leadership for average people and small business owners, and not just the big business groups.