New South Wales Announces Stimulus Package for Affected Businesses

NSW announces stimulus package for affected businesses

SYDNEY, Jun 29:  New South Wales (NSW) announced on Tuesday a stimulus package for businesses affected by the recent Covid-19 lockdown.

From 6 p.m. on June 26, Greater Sydney, the Blue Mountains, Central Coast, and Wollongong entered a two-week lockdown until July 9 in response to a growing outbreak of the highly virulent Delta variant.

In response to the restrictions, grants of up to A$10,000 ($7,600) will be offered to keep small businesses afloat, helping them keep paying their rent and workers.

“This latest outbreak has coincided with school holidays when a lot of regional areas were counting on more visitors to help boost local economies,” said NSW Deputy Premier John Barilaro.

“These grants will help many get through the winter, and just like after the bushfires, the floods, and the first wave of Covid-19, the regions will lead NSW out the other side.”

NSW recorded 19 new locally acquired cases in the last 24 hours, bringing the total locally acquired cases reported since June 16 to 149.

The state has so far reported 5,798 cases and 54.

Meanwhile, Australia’s overall infection tally and death toll stood at 30,528 and 910, respectively.

(IANS)