Covid Assistance - Individuals and Businesses
Below are some important links to various government funding initiatives that may help individuals and businesses through the current Covid -19 lockdown restrictions.
- For Individuals and
- For Businesses
Aust Government Support - Centrelink Services:
The Pandemic Leave Disaster Payment - VIC (PLDP) is a program to support you, if you find yourself in a situation where you are unable to earn an income because you are required to self-isolate, quarantine, or are caring for someone with COVID-19. The payment provides a lump sum of $1500 per fortnight and you will need to meet certain criteria, which does vary between states and territories.
A COVID-19 Disaster Payment - VIC (CDP) is available for workers who are adversely affected by a state public health order including a lockdown, hotspot or movement restrictions. Again, the eligibility criteria vary by state, as can the amounts.
In addition, Centrelink provides a one-off Crisis Payment for National Health Emergency payment for those affected by COVID-19. You would need to already be eligible for income support or in severe financial hardship and are required to quarantine or self-isolate or are caring for someone required to be in quarantine or self-isolation. You will only be able to access 2 Crisis Payments for National Health Emergency in a 6-month period.
Vic Government Support
Victorian Government COVID-19 Test Isolation Payment provides a payment of $450 for workers who are required to self-isolate while waiting for COVID-19 test results.
The Victorian Energy Saver scheme is available to assist with paying energy bills.
- Victorian Businesses
The Business Continuity Fund provides relief for up to around 30,000 business, that continue to be impacted by capacity limits on businesses with a $5,000 grant. There are 24 eligible sectors (including restaurants & cafes, gyms and hairdressers).
For CBD businesses, that are also impacted by reduced foot traffic due to restrictions on staff allowed back into offices, you may also be eligible for an additional $2000 grant.
Business Support packages announced in August 2021
Business Costs Assistance Program
- The Business Costs Assistance Program Round Three provides additional support to eligible small to medium businesses in sectors affected by the current restrictions in metropolitan and regional Victoria - Business Cost Assistance Program - Round three.
- The Licensed Hospitality Venue Fund 2021 supports eligible licensed hospitality venues. Licensed Hospitality Venue Fund.
New “top-up” payments have been announced for this assistance – seeHospitality Venue Fund 2021 - Top up payments and CBD Payments.
- The Alpine Business Support Program will provide $5,000 - $20,000 grants to 430 Alpine based businesses, recognising the impact of restrictions of movement and limited interstate travel, throughout peak season. There is also an additional $5 million support to alpine resort operators and management boards.
- The Small Business COVID Hardship Fund provides grants of up to $5,000 to small businesses with a payroll of up to $10 million where the current restrictions have resulted in at least a 70% reduction in revenue.
The Commercial Tenancy Relief Scheme has been reintroduced to assist eligible tenants with proportional rent relief and to support landlords assisting tenants. Eligible businesses must have experienced at least a 30% reduction in turnover and have an annual turnover of less than $50 million. Again, tenants and landlords are encouraged to reach an agreement directly, the Victorian Small Business Commission (VSBC) will be available to provide mediation.