$600m joint Government support for businesses
The Commonwealth and Queensland Governments have reached a 50/50 funding agreement for a $600 million package to help Queensland businesses.
Tourism Tropical North Queensland (TTNQ) Chief Executive Officer Mark Olsen said the $600 million joint business support package would extend the support offered by the Queensland and Federal Governments over the past week.
“In response to the desperate need for direct support for our region, TTNQ, Advance Cairns and the Cairns Chamber of Commerce advocated directly for the State and Federal Governments to collaborate to help businesses keep staff employed while the region’s visitor numbers plummet to the lowest levels since we entered lockdown in March 2020,” he said.
“Both levels of Government have taken swift and decisive action with a targeted response for those businesses most impacted across the State.
“Businesses in the region are still seeing cancellations of forward bookings, so we will have to see what the next few weeks brings.
“This direct cash injection will be needed by many businesses who are facing their worst situation since the pandemic began, and doing this without the wage support provided earlier.”
Full details about the program can be accessed at www.business.qld.gov.au/supportgrants