Association News
Circuit Breaker Action Business Support Package
February 22, 2021
Victoria’s business community has been greatly impacted by the global pandemic.
To help businesses manage this impact, the Victorian Government has announced a further $143 million package to support eligible businesses impacted by the circuit breaker action to limit the spread of COVID-19.
There are four initiatives available for eligible businesses as part of this support package.
Business Costs Assistance Program
The new Business Costs Assistance Program helps eligible businesses with costs incurred as a result of the circuit breaker action.
For example, businesses may have incurred costs through loss of perishable food or produce and cancelled bookings.
Eligible businesses with an annual payroll of up to $3 million can receive a one-off grant of $2000, whether they have employees or not.
Licensed Hospitality Venue Fund – Circuit Breaker Action Payment
Eligible businesses who received a grant through the Licensed Hospitality Venue Fund will receive a further one-off payment of $3000 to help with costs incurred as a result of the circuit breaker action. Businesses that receive this payment will not be eligible to receive a grant from the Business Costs Assistance Program.
Victorian Accommodation Support Program
The new Victorian Accommodation Support Program is an expansion of the Regional Tourism Accommodation Support Program and includes tourist accommodation premises in Greater Melbourne. This will support accommodation providers whose bookings were cancelled due to the circuit breaker action to limit the spread of COVID-19.
Travel Voucher schemes
Two travel voucher schemes will encourage Victorians to travel across the state, as our tourism industry recovers from the impacts of COVID-19 and bushfires.
Read more about the initiatives here.