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Small Business Bush Fire Recovery Fund

06 Feb

Small Business Bush Fire Recovery Fund

Federal government releases Grants up to $50,000 for small business affected by major asset or revenue loss through bush fires in Australia. (Non-Repayable)

The Australian government has announced that businesses affected by bush fires can now apply for grants up 50k and/or very low interest loans up to $500,000 to restore /replace damaged assets and working capital. It was also announced that these Government business loans will not require any repayments for a couple of years at least. They will be extremely low interest to help those affected by bush fires while they get back on their feet.

Assistance will be available to:

  • Business owners that have lost assets or are experiencing a major decline in revenue caused by the bush-fires
  • Businesses in areas affected by the fires that will find it difficult to trade due to the circumstances of surrounding bush fires.

For more information please contact our office or see a list of other assistance programs in place to help all affected by the bush fires that have ravaged Australia including:

Disaster Recovery Allowance NSW

Payment equivalent to New-start or Job allowance.

https://www.servicesaustralia.gov.au/individuals/services/centrelink/nsw-bushfires-september-2019-disaster-recovery-allowance

NSW Government Disaster Recovery Payment

  • A one-off payment of $1000 per adult and $400 per child under 16 to help those significantly affected in a declared disaster area.

Victoria

Disaster Recovery Allowance Vic

Payment equivalent to New-start or Job allowance.

https://www.servicesaustralia.gov.au/individuals/services/centrelink/victorian-bushfires-february-2019-disaster-recovery-allowance#a3

Vic Government Disaster Recovery Payment

A one-off payment of $1000 per adult and $400 per child under 16 to help those significantly affected in a declared disaster area.

https://www.servicesaustralia.gov.au/individuals/services/centrelink/victorian-bushfires-february-2019-australian-government-disaster-recovery-payment

Eastern Queensland

Queensland Disaster Recovery Allowance

Those significantly affected in a declared disaster area in Eastern Qld can claim a once off payment of $1000 per adult & $400 per child under the age of 16.

https://www.servicesaustralia.gov.au/individuals/subjects/eastern-queensland-bushfires-november-2019

Disaster Recovery Payment Qld

Once off payments of $400 per child under 16 and $1,000 per adult to help those drastically affected in a declared disaster area.

https://www.servicesaustralia.gov.au/individuals/services/centrelink/eastern-queensland-bushfires-november-2019-australian-government-disaster-recovery-payment

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