The SA Government has revised its latest assistance package to those impacted by the state’s current restrictions to include newer businesses in the Tourism, Hospitality and Gym grant.
The grant was established December 31 by Premier Steven Marshall and Treasurer Rob Lucas after tight restrictions were implemented after Boxing Day to reduce the peak of SA’s Omicron wave.
Businesses that began operation after December 2020 can now apply for the government grant, widening the eligibility for the assistance.
Businesses that earn less than $10 million, operate in either the tourism, hospitality, gym sector, or operate under the 1 person per 7-metre square metre density restriction, are eligible.
Those eligible for the Tourism, Hospitality and Gym Grant can apply for several different assistance packages.
- $3,000 grant for employing businesses OR $1,000 for non-employing businesses
- An additional $1,000 for CBD businesses and additional $7,000 for eligible businesses with a turnover exceeding $2 million.
- There will also be a further top-up payment to businesses that did not receive the automatic payment.
Full details of the revised grant can be found here.
Employing businesses must declare that they saw a 30 per cent reduction in revenue over the restricted trading period for two weeks from December 27 to January 2022.
Eligible businesses impacted by the current restrictions can also apply for other assistance packages, including the Business Hardship Grant which would see $6,000 for employing businesses and $2,000 for non-employing businesses that saw a downturn of 50 per cent during the two week trading period.
The initial December 31 announcement and package saw initial cash grants of up to $22,000, together with liquor licence waivers and payroll tax deferrals to support the hospitality and tourism businesses and gyms impacted by the latest imposition of density restrictions.
The eligible criteria saw those who set up businesses after December 2020 excluded from the assistance package.
The total cost of the support package is estimated to be about $40 million, but it is not possible to estimate accurately the total number of businesses that will be eligible for support. While previous business support packages have been funded by State and Federal Governments, this package is solely funded by the State Government.
“Omicron is a game-changer, but by working together we will rise to the challenge and get through this,” Premier Steven Marshall said.
“As the virus changes, our response must also change, and that is why we are announcing this significant financial support package for hospitality and tourism businesses and gyms impacted by density restrictions.
Further details of the Tourism, Hospitality and Gym Grant can be found here.
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