$50,000 grants for flood-hit salons

The NSW Government has announced additional grants to salons under the Disaster Recover Funding Arrangements (DRFA), funded by both the State and Commonwealth Governments.

Disaster Recovery Funding Arrangements (DRFA) have been activated in the 34 local government areas of: Armidale, Bellingen, Central Coast, Cessnock City, Clarence Valley, Coffs Harbour City, Dungog Shire, Kempsey, Lake Macquarie, Maitland City, Mid-Coast, Nambucca, Newcastle City, Port Macquarie-Hastings, Port Stephens, Tenterfield, Blacktown, Blue Mountains, Camden, Campbelltown, Canterbury Bankstown, Cumberland, Fairfield, Hawkesbury, Hornsby, Inner West, Ku-ring-gai, Liverpool, Northern Beaches, Parramatta, Penrith, Sutherland, The Hills and Wollondilly. 

Concessional loans 
Loans of up to $130,000 at a fixed concessional interest rate may be available to small businesses, primary producers and non-profits (subject to certain eligibility criteria) that have been directly impacted. 

Disaster Recovery Allowance 
A fortnightly income supplement that is available to primary producers and sole traders who have lost income as a direct result of the disaster. 

Small business recovery grants up to $10,000 (income loss)
The grants are designed to help small business that have experienced a significant decline in revenue. The grant could be used to meet business costs, seek financial advice or to adjust the business and make it more resilient.

Small business recovery grants up to $50,000 (direct damage)
These grants are designed to provide short-term targeted assistance for recovery and reinstatement activities, including safety inspections, repairs to premises and internal fittings, and replacement of stock.

For more information on eligibility criteria, visit the Services Australia website or contact the Australian Government Information Hotline on 180 22 66 for claims assistance.  

For a full list of support for small businesses, including help with making an insurance claim, go to our Flood Support page.

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