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New payments up to $5,000 p/w for small businesses hit by Omicron

New payments for small businesses hit hard by Omicron: Payments will be up to $5,000 per week, plus rebates for RAT tests.

The NSW Government will cover up to 20 per cent of a small or medium business’s weekly payroll as part of a new package of measures to help those who have suffered a large cut to turnover during the Omicron wave.

The Small Business Support Program helps those businesses with annual turnover of between $75,000 and $50 million with a decline in turnover of at least 40 per cent.

The minimum payment will be $500 per week and the maximum $5,000 per week.

In addition, the existing Small Business Fees, Charges Rebate will be increased by 50% from the current $2,000 limit to $3,000 and employing businesses will be able to use the rebate to obtain Rapid Antigen Tests (RATs).

This measure is designed to support worker availability by helping reduce costs to small businesses and enabling healthy staff who have been exposed to COVID-19, but test negative, to return to work.

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Austrade Approved Business Events
AVAILABLE NOW APPLY BEFORE 30th MARCH 2021 (Condition apply)

  • ABF Events are approved and listed below have been certified by Austrade on the Schedule of Approved Business Events.
  • This allows exhibitors, sponsors, delegates and partners to participate in the Business Events Grant Program. Note event bookings need to be confirmed ASAP to participate in the grant program
  • The program provides 50% rebate (based on a minimum spend of $20k) for approved items including ABF event-media packages, exhibition stands, corporate function tables, delegate registrations.
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