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ARTICLE · 04 FEBRUARY 2022

NSW COVID-19 2022 business support package

The NSW Government announced a new financial support package to assist businesses being impacted by the Omicron wave.

AustraliaCoronavirus (COVID-19)

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:

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