South Australia is in lockdown again for 7 days (at this stage). We have heard an announcement today that new financial assistance will be available to businesses along with the individual employee financial assistance that will be available.
$3000 and $1000 Emergency Cash Grant
The new Emergency Cash grant comes in two versions. $3000 for businesses with employees and $1000 for non-employing businesses.
*To be eligible for the one-off $3,000 emergency cash grant, a business must, as at 12:01am Tuesday 20 July 2021:
- Be located within South Australia
- Have an annual turnover of $75,000 or more in 2020-21 or 2019-20, and be registered for GST
- Employ people in South Australia
- Have an Australia-wide payroll of less than $10 million in 2019-20
- Have a valid Australian Business Number (ABN)
- Experienced at least a 30 per cent reduction (compared to the week prior) in turnover due to the restricted trading conditions
**To be eligible for the one-off $1,000 emergency cash grant, a non-employing business must meet the criteria listed above excluding the requirement to employ people.
To apply for the business support grant you will need to fill out the form on the SA Government website. It will be paid in arrears after the 7 day period.
In regards to the field in the form which asked if you received previous grants:
Round 1 is the one off $10,000 grant for employing businesses given by the SA government from 21 April 2020 to 1 June 2020.
Round 2 is the one off $10,000 grant for employing businesses and $3,000 for non employing businesses given by the SA government from 28 September 2020 to 28 February 2021.
Covid-19 Disaster Payment
The Commonwealth’s COVID-19 Disaster Payment scheme provides $375 per week for those workers who have lost between 8 and less than 20 hours’ work, or have lost a full day of work, and $600 per week if a person has lost over 20 hours’ work.
Fully-funded income support payments of up to $600 per week for eligible workers in regional SA, who live or work outside of the Commonwealth-declared ‘Hotspot’ local government areas (and, therefore, not entitled to the Federal Government’s $375 or $600 per week support payments).