$3 Billion of support for Victorian organisations

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$3 Billion of support for Victorian organisations

With Victoria representing almost ¼ of the Australian economy and been in effective hiatus for the last few months, a genuine stimulus measure has been necessary to help save small businesses and charities from extraordinary financial pressures.

The Andrews government announced yesterday a further $3 billion in cash grants, tax relief, and cashflow support to help Victorian businesses. The Government believes around 75,000 organisations will be eligible for grants of $10,000, $15,000, or $20,000 depending on their size and with payrolls under $10 million.

For charities and not-for-profits with clubs, hotels, reception centres, they may be eligible for the Licenced Venue Fund, which has $251 million of grants between $10,000 to $30,000 available.

Organisations located in Victoria’s alpine resorts may be eligible for grants up to $20,000. Other measures include a deferral of payroll tax for businesses with up to $10 million in payroll.

A further $20 million will be available for small businesses to access off-the-shelf digital programs, training and workshops designed to help businesses adapt to online operations.

Premier Andrew said, “We’ll continue meeting with and listening to businesses, so we can do everything we can to support them and their workers.”

Existing grants for charities

The Government also has a range of programs for Victorian charities listed here