Cashflow Support of up to $10,000
A cashflow payment between a minimum of $1,500 and maximum of $10,000 per week based on 40% of the NSW payroll payments of your business (including not-for-profits).
Businesses without employees that meet the eligibility criteria such as sole traders, will be able to access a payment of $1,000 per week.
The cashflow support will cease when lockdown restrictions are eased or when the Commonwealth hotspot declaration is removed.
Eligibility
-
Annual turnover between $75,000 and $50 million
-
Turnover is 30 per cent lower than an equivalent two week period in 2019
-
Maintain your full time, part time and long term casual staffing level as of 13 July 2021
-
Impacted by the current Greater Sydney COVID-19 restrictions
The full eligibility details, including how the decline in turnover test and how the headcount will work have not been released as yet.
How to apply
Applications for the cashflow support have not yet opened but you can register your interest through ServiceNSW.
