‘BOOM TIME IN NSW’: Cash boost for thousands of tradies and small businesses

The New South Wales government has announced more support measures to help businesses reopen with confidence after lockdown.

Premier Dominic Perrottet announced a Summer Holiday Stock Guarantee on Tuesday that would allow eligible businesses with an annual turnover between $75,000 and $50 million to apply for a grant of up to $20,000 to compensate for the loss of perishable stock if a local lockdown occurs.

The stock guarantee would be available if non-essential businesses were forced to shut their doors between December 1 2021 and January 31 2022 due to public health orders.

The Small Business Fees and Charges Rebate is also being increased from $1500 to $2000 and has been expanded to include the cost of tolls.

“We know that that is really going to support tradies right across greater Sydney who will also be able to access this rebate,” Perrottet said.

The expanded rebate will be eligible for use until 30 June 2022.

This is a developing story. More to come.

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