Major JOBSAVER Boost To Expand COVID-19 Support

The joint NSW Government and Commonwealth JobSaver program will be
significantly boosted to give greater support to businesses and individuals impacted
by the extended lockdown.

JobSaver payments will now be available to businesses with an annual turnover of
between $75,000 and $250 million, up from $50 million, which have experienced a
revenue decline of 30 per cent or more.

The maximum weekly payment has also been substantially increased, with employing
businesses that maintain their employee headcount now able receive between $1,500
and $100,000 per week, up from $10,000, with payments based on 40 per cent of their
weekly NSW payroll.

NSW Premier Gladys Berejiklian said the additional support would help deliver
businesses and individuals the financial assistance needed during the necessary
extension of the lockdown.

Applications for JobSaver opened on Monday with more than 14,000 applications
already received and almost $28 million approved for payment so far. Payments are
expected to start hitting bank accounts from 31 July.

Businesses can expect to receive funds in their accounts within five to ten business
days from their approval date, and the arrangements announced today will be
backdated, so businesses that have already received a first payment on previous
settings will be topped up when their next payment is made.

JobSaver payments are available from week four of the lockdown. Non-employing
business remain eligible for a maximum of $1,000 per week.

For more information on COVID-19 support available, visit
https://www.nsw.gov.au/covid-19/2021-covid-19-support-package.

Support for individuals impacted by the current COVID-19 restrictions and stay-athome
orders is also available through Services Australia. For more information visit
www.servicesaustralia.gov.au/covid19.
MEDIA:

  JobSaver, NSW Lock Down