The NSW Government has announced a new financial support package
to assist businesses being impacted by the Omicron wave.
Small business support program
Eligible businesses will receive 20% of their weekly payroll paid
as a lump sum for the month of February 2022. The minimum payment
will be $500 per week and the maximum payment is set at $5,000 per
week. Non-employing businesses will received a lump sum of $2,000
(i.e. $500 per week).
Businesses may be eligible for the support program if they meet
the following requirements:
- The aggregated turnover of the business is between $75,000 and
$50 million.
- The business has experienced a 40% decline in turnover as a
result of the Omicron strain: