Queensland and federal governments announce joint $600m COVID-19 business package
ABCThe pool of money for support grants for Queensland business hit hard by COVID-19 lockdowns has more than doubled, after the state and federal governments reached a funding agreement on Friday afternoon. Key points: The state and federal governments will each be contributing $300 million for the package The grants will now be tiered and based on business size Amanda Rohan from Chamber of Commerce and Industry Queensland said it was welcome news Queensland was set to open applications for a $5,000 business support grants on Monday, which had been funded to the tune of $260 million. "This dollar-for-dollar agreement with the federal government will see Queensland's contribution rise to $300 million and vastly increase the scope of support available to businesses right across the state." "We know the state government's support package of $5,000 hasn't quite hit the right mark with many businesses across the state," she said.