Victorian tradies can soon claim a one-off cash payment from the state government following a two-week shutdown of the construction sector amid protests.
The Victorian Government’s Business Costs Assistance Program Round Four - Construction provides one-off payments to eligible employing and non-employing businesses in the construction sector that operate in the following local government areas:
- Metropolitan Melbourne
- The City of Greater Geelong
- Mitchell Shire
- Surf Coast Shire
Business must have incurred direct costs because of the health restrictions in place between 21 September – 4 October.
Payments of up to $8,400 will be made available to eligible businesses based on payroll size.
Cost-Assistance Cash Grants for Construction Sector
- Businesses with an annual payroll of up to $650,000: $2,000 to $2,800
- Businesses with an annual payroll of $650,000 to $3 million: $5,600
- Businesses with an annual payroll of $3-10 million: $8,400
Separately, construction workers and sole traders not registered for GST who have lost hours can apply for COVID-19 Disaster payments.
The disaster payments are set at $450 for people who have lost from eight to 20 hours work or a full day of work – over seven days – and $750 for 20 hours or more of work lost.
Applications for the Business Costs Assistance Program Round Four – Construction will open in mid-October. To be eligible, businesses must be registered under a relevant construction-sector ANZSIC codes, have a turnover of less than $10 million a year, be unable to operate remotely, have incurred direct costs due to restrictions, and be registered for GST.
For more information on the Business Costs Assistance program click here.