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Business to reap $1 billion support package

A billion-dollar support package will be made available for New South Wales businesses as Omicron tears through the state’s economy.JobSaver 2.0 is designed for small to medium businesses that were worst hit during the Omicron outbreak over summer.

Businesses that can prove they lost 40 per cent of their turnover during the month of January will be able to claim back up to 20 per cent of their payroll during the month of February.

NSW Treasurer Matt Kean said summer was “a difficult time for many families and particularly businesses”. (Today)

Payments can be from $500 to a maximum of $5000 a week.

“We know this will help many small businesses that have been doing it tough,” Treasurer Matt Kean said.

Under the scheme, businesses will be eligible to be reimbursed for rapid antigen tests bought for staff during this period.

The state government announced it is increasing the fees and charges rebate from $2000 to $3000.

“We’re providing the…

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