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Home Spotlight

NT Government announces small business support

by April Shepherd
August 17, 2021
in Disaster Management, News, Spotlight
Reading Time: 2 mins read
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The Northern Territory Government has released a new round of funding to support businesses affected by the state’s latest COVID-19 lockdown, with immediate payments available. 

The payment is available to businesses located in the Darwin, Palmerston and Litchfield Council areas, the Wagait and Belyuen Shires, Dundee, Bynoe, Charlotte, Cox Peninsula, and the municipality of Katherine, including Tindal.

The Territory Business Lockdown Payment is a one-off payment of $1000, designed to support small businesses that have either ceased trading or suffered a revenue loss of 50 per cent or greater during the lockdown.

The program is open to Northern Territory small businesses, not-for-profits or incorporated associations which are based in these areas, and the application process is simple, easy and will involve a declaration on behalf of the applicant.

Northern Territory Chief Minister, Michael Gunner, said, “Last month we were able to re-open because we locked down so hard, and so fast.

“We are doing this again to keep Territorians safe, pausing everything so we can get on top of the outbreak.

“This lockdown is necessary, but I know it hurts as well. It is going to be especially hard for our small business owners who have had to shut down again to help keep the rest of us safe.

“That’s why we have re-opened the support payment for affected Top End businesses.”

During the first round of lockdown payments the Northern Territory Government supported more than 2,100 Territory businesses with $2.2 million in funding handed out.

Eligible small businesses are those with a turnover of less than $10 million and less than 20 full-time-equivalent staff, and who have had to stop trading, or suffered a 50 per cent drop in turnover during lockdown. 

Northern Territory Minister for Small Business, Paul Kirby, said, “Our thoughts are with all our small businesses who are once again feeling the impacts of this lockdown, and we’re hoping this will offer some short-term support.

“This is the second big hit to our small businesses in the last couple of months and we know it’s been tough for Territory business owners.

“This is an evolving situation and we continue to talk to industry and businesses to determine the best ways to support our small businesses.”

For more information for businesses, or to access the payments, please visit: https://businessrecovery.nt.gov.au/businesses/territory-business-lockdown-payment-program

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