Source: The Victorian Chamber of Industry and Commerce.
The Daniel Andrews government has unveiled a further $3.29 billion in grants, tax deferrals and cashflow support to help Victorian businesses and sole traders recover from the COVID-19 global pandemic.
On Sunday 13 September, Premier Daniel Andrews announced a $3 billion package to help struggling Victorian businesses get back on their feet as restrictions begin to ease across parts of the state.
At Sunday’s briefing, Premier Andrews said “[This] is without any shadow of a doubt, the biggest package of business support in the history of this state, and it needs to be unprecedented in nature.”
This is the third round of fiscal support announced by the State Government designed to help businesses stay afloat during the global pandemic, following the announcements on 10 July and 3 August.
On 14 September, the Premier also announced a further $100 million in support for sole traders as part of a $290 million Outdoor Eating and Entertainment Package to get Victorians dining out over summer.