Victoria backs the State's Construction Industry

The Victorian Government has announced a $196.6 million support package of cash grants for thousands of construction operators most affected by lockdown restrictions as the industry prepares to reopen next week.

The package will enable support for more than 70,000 construction businesses with work sites in Melbourne, the City of Greater Geelong, Surf Coast Shire and Mitchell Shire.

This new funding will provide a one-off payment to eligible businesses, including sole traders, covering the restrictions period from Tuesday 21 September to Monday 4 October.

 

Business Costs Assistance Program Round Four – Construction grants

Eligible non-employing sole trader businesses will receive a one-off payment of:

  • $2000 for eligible non-employing sole trader businesses
  • $2800 for businesses with an annual payroll of up to $650,000
  • $5,600 for an annual payroll of $650,000 to $3 million
  • $8,400 for an annual payroll of $3 million to $10 million.

 

Applications for Business Costs Assistance Program Round Four – Construction support will open in mid-October 2021.

To be eligible, businesses must:

  • have a worksite located in metropolitan Melbourne, the City of Greater Geelong, Mitchell Shire or Surf Coast Shire
  • be registered under a relevant construction-sector ANZSIC codes
  • have a Victorian payroll of less than $10 million a year
  • have incurred direct costs due to restrictions
  • be registered for GST, and
  • have not previously received support under the Business Cost Assistance Program or the Small Business Covid Hardship Fund.

 

Guidelines and more details can be found at Construction Restart Plan

 

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