April 28, 2024

Queensland offers new grants to tourism businesses

The grants belong to a brand-new AUD$ 40 million Tourism and Hospitality Sector Hardship Program presented by the Queensland Government as part of a larger AUD$ 600 million financial recovery prepare for the state in general.

Funds are on offer to businesses in an effort to help protect jobs, with 3 different levels of grants depending upon the size of the applicants payroll. To be eligible, businesses must be open, located in and operated in Queensland, need to be solvent and utilizing at least one full-time worker and able to show a revenue loss of 70% or more over a seven-day period in between 1 July and 30 September 2021 compared to the exact same period in any of the last 3 financial years.

Tourist and hospitality businesses in Queensland might be qualified for brand-new federal governments grants of approximately AUD$ 50,000 as part of a new round of financing offered to help operations continuing to be hit hard by ongoing border limitations.

Oaks Cairns Hotel

” With the Federal Government, weve developed monetary support to help tourist and hospitality operators keep skills and remain in service when vaccinations are in arms and the lockdowns end.”

The funds have been invited by market leaders throughout the state, with Destination Gold Coast CEO, Patricia OCallaghan, saying the markets calls for government support are being heard.

Queensland Tourism Minister, Stirling Hinchliffe, said the program develops on existing support to tourist operators across the state who are doing it difficult due to interstate lockdowns.

” Up to 85 percent of Queenslands interstate visitors originate from New South Wales and Victoria,” Minister Hinchliffe said.

Queensland Tourism Minister, Stirling Hinchliffe

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” Without visitors from New South Wales and Victoria, and with customer confidence at an all-time low, this will provide employers and staff members a much-needed temporary reprieve from a dire monetary circumstance,” Chapman said.

Tourist Tropical North Queensland Chairman, Ken Chapman, included the Far North was experiencing its worst reservations for a school holiday period considering that the pandemic started.

” We understand this measure is a significant step forward in financially supporting our 4,600 tourism organizations whose bottom line is injuring today.”