The Victorian Government last July 15, 2021 (Thursday) announced it was entering a five day lockdown.
Commonwealth Government announced proposed changes to the way economic support will be delivered to individuals and businesses, in partnership with States and Territories, in areas that are subject to a Commonwealth Hotspot declaration and to State or Territory lockdown restrictions.
Prime Minister Scott Morrison and Victorian Premier Daniel Andrews came to an agreement on Thursday night to provide aid to Victorian workers located in the latest COVID hotspots who will lose income due to the new restrictions.
The Prime Minister and Premier of Victoria, supported by their Treasurers, agreed to these new arrangements with a further enhancement that where a lockdown has been imposed by a State or Territory Government for a period of less than seven days, (as has been announced by the Victorian Government), the Commonwealth will provide income support through the COVID-19 Disaster Payment as follows:
While eligibility for the individual payments is still based from the second week of a lockdown onward, the first week will also be covered “on an arrears basis” on application to Services Australia, seven days after the commencement of the lockdown.
The new agreement is in line with the Prime Minister’s remarks earlier on Thursday, proposing a “streamlined set of financial supports” for residents and businesses located in a Commonwealth-designated COVID hotspot or those subject to lockdowns enforced by states or territories.
Information about the COVID-19 Disaster Payment can be found on the Services Australia website.
In addition, the Victorian Government has agreed to provide significant additional economic support to businesses, from day one of this lockdown period, satisfying the Commonwealth’s cost sharing requirements for this arrangement.
Should the Victorian lockdown be extended, the additional features of the upgraded and revised economic support arrangements proposed by the Commonwealth will be activated by agreement.
The additional support being announced today comes on top of the $45.4 billion of Commonwealth support that has already been delivered to Victoria.
If you have any queries in relation to the above measure, please do not hesitate to contact Suran, Daniel, Jack, Nathan or myself by calling our direct lines/mobiles, through the switchboard (1300 066 235) or by emailing us.