Money
Cash injection for Melbourne businesses amid lockdown extension
Businesses within Melbourne and Australia’s state of Victoria have been sent some welcoming news
Melbourne businesses will be entitled to further financial assistance as the state’s lockdown is extended another week.
Minister for Industry and Support Martin Pakula made the announcement today, stating that the most recent support package was worth more than $282 million.
“We are announcing an additional $282.5 million in new cash grants for businesses affected by the seven-day lockdown extension,”
The announcement brings to the total support package made for businesses totaling $484 million for the cities fifth lockdown.
But business owners continue to plead with leaders stating that lockdowns are no longer the answer to manage the virus, and many have slammed the government for the fine print.
Mr. Pakula revealed the Victorian government had spent about $7 billion in business support throughout the pandemic.