Business Support Packages: Circuit Breaker Action
Following the recent Circuit Breaker Action, the State Government announced a specific business support package to provide financial support for eligible businesses.
The $143 million package includes four key initiatives including:
- Business Costs Assistance Program: Eligible businesses with an annual payroll of up to $3 million can receive a one-off grant of $2,000, whether they have employees or not.
- Licensed Hospitality Venue Fund: Circuit Breaker Action Payment – Eligible businesses who received a grant through the Licensed Hospitality Venue Fund will receive a further one-off payment of $3,000.
- Victorian Accommodation Support Program: Eligible accommodation providers receive up to $4,500 per premises who had nights cancelled as a result of the action.
- Travel Voucher Scheme: Expansion of the regional scheme and extension of the voucher scheme to include greater Melbourne.
