Wednesday, July 6, 2022

New Hardship panel to help businesses which did not meet eligibility requirements of govt schemes

A new Hardship Review Panel has been established to consider financial support for businesses experiencing financial hardship that do not qualify for COVID-19 business support measures.

The panel will assess on a case-by-case basis businesses which did not meet the eligibility requirements for the 2021 COVID-19 Business Grant, Micro-business Grant and JobSaver payments.

Minister for Finance and Small Business Damien Tudehope said the Review Panel would help those businesses experiencing genuine financial hardship that were previously ineligible for support payments and grants.

“COVID-19 has affected so many businesses in NSW and even though we have a number of support measures in place, there are still some businesses under severe financial strain that aren’t eligible for assistance for a number of reasons. We want to plug that gap as much as we can,” Mr Tudehope said.

MUST READ  Fake Uber driver, a Pakistani national, jailed for sexual assault

The Review Panel will include representatives from Revenue NSW, NSW Treasury and Service NSW and will make recommendations on businesses’ eligibility for relevant support payments and grants.

It will consider a broad range of factors in determining whether a business has experienced financial hardship, with the Chief Commissioner of Revenue NSW to be ultimately responsible and make the final determination for applications.

“My message to small businesses is this – no matter what corner of the state you’re in, we will be there with you all the way as we navigate this global health pandemic,” Mr Tudehope said.

MUST READ  Australian envoy to China says Beijing's trade behaviour is 'vindictive'
MUST READ  New moorings for women victims of violence to come up in NSW

Factors that the hardship panel will consider include, for example, whether the business is an employer, in a highly impacted industry, in an LGA of concern or has unavoidable costs for which no other support is available

Latest news

Punjab CM Bhagwant Mann’s marriage on July 7

Chief Minister Bhagwant Mann is set to marry Dr Gurpreet Kaur tomorrow in a small ceremony at his home in Chandigarh. “Mann Sahab is getting...

Shikhar Dhawan to captain Team India in ODI Series against West Indies

Shikhar Dhawan was on Wednesday named India captain for the three ODIs against the West Indies in the absence of regular skipper Rohit Sharma....

Enjoy ungoogleable India: Khaver Ali Khan

By Indranil Halder As Sydney was battered with heavy rain, Khaver Ali Khan was my guest at the new Art Gallery of NSW member’s lounge....

Telstra stops 185 million scam texts reaching customers’ phones

Telstra's scam text filter has stopped a whopping 185 million scam texts from reaching its customers phones since it was launched in April. That means the filter...

Related news

Punjab CM Bhagwant Mann’s marriage on July 7

Chief Minister Bhagwant Mann is set to marry Dr Gurpreet Kaur tomorrow in a small ceremony at his home in Chandigarh. “Mann Sahab is getting...

Shikhar Dhawan to captain Team India in ODI Series against West Indies

Shikhar Dhawan was on Wednesday named India captain for the three ODIs against the West Indies in the absence of regular skipper Rohit Sharma....

Telstra stops 185 million scam texts reaching customers’ phones

Telstra's scam text filter has stopped a whopping 185 million scam texts from reaching its customers phones since it was launched in April. That means the filter...

UK’s Health minister Rishi Sunak quits, says ‘standards worth fighting for’

UK Finance Minister Rishi Sunak and Health Secretary Sajid Javid resigned on Tuesday, plunging Prime Minister Boris Johnson's government into crisis. Sunak, in his letter,...

Daniel Johns gets jail for drink driving, but will serve in community due to bad mental health

Rock star Daniel Johns has escaped a full time jail term after a magistrate found his life-long mental health battles had contributed to him...

Gosai Rajbari Influence : Cartier, Dhaniakhali Dhoti & Gold Polished Kangaroo Tiepin

By Indranil Halder Gosai Rajbari belongs to one of the most illustrious Goswami family and is situated in Serampore, Hoogly, West Bengal, India. Amitabha Sengupta...

Mansai: The first film in Rajbonshi language

By Indranil Halder After a gap of two years, I was delighted to attend the 2022 Sydney Film Festival and BUSINESS OF BAZ,(a conversation with...