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Funding boost for Casey economy

The State Government will tip more than $7 million in to the Casey economy by supporting local businesses to get through to the other side of the coronavirus crisis.

Bass MP Jordan Crugnale this week announced 261 businesses in Casey have received full payroll tax refunds for the 2019-20 financial year totalling $7,543,756.62.

The payroll tax refunds are part of the Victorian Government’s $1.7 billion Economic Survival Package, which is helping Victorian businesses and workers during the pandemic.

Meanwhile, 1663 businesses in Casey have been paid a one-off $10,000 business support fund grant for operational costs such as salaries and utilities.

The Business Support Fund provides payments for eligible businesses that have a wages bill below the payroll tax threshold.

The Economic Survival Package also includes land tax deferrals for eligible small businesses, rent relief for commercial tenants, and the $500 million Working for Victoria fund to help workers who have lost their jobs find new opportunities.

More than 6700 workers across the state have already started drawing pay cheques through Working for Victoria.

Ms Crugnale also welcomed the news that local creative workers and businesses would share in state-wide grants totalling $2.4 million.

There are currently 101 jobs available in Bass Coast through the Working for Victoria fund. Visit https://www.vic.gov.au/workingforvictoria for more information and to register to work.

 

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