City of Melbourne announces $10m stimulus package

City of Melbourne announces $10m stimulus package

A stimulus package valued at more than $10 million has been announced by the City of Melbourne designed to keep workers in jobs and support city businesses affected by Covid-19.

The package, supported by City of Melbourne councillors, includes:

  • A virtual Business Support Summit at Melbourne Town Hall;
  • Suspending fees for Food Act registrations and street trading permits for three months;
  • Halving rent for eligible tenants in Council owned buildings for three months;
  • Opportunities to deploy casual and part-time staff to enhance city cleanliness and amenity; and
  • Developing a Rates Hardship Policy for consideration by the end of this month.

"We recognise that cash flow management will be a pressing issue for small businesses in the coming weeks and months," says Deputy Lord Mayor of Melbourne Arron Wood.

"This is the first package of support and will be doing more over the coming weeks to assist our local business community."

In particular, Lord Mayor Sally Capp says the City of Melbourne is dedicated to supporting traders at the Queen Victoria Market.

"Queen Victoria Market is the lifeblood of our city and we're doing everything we can support traders affected by the downturn," says the Lord Mayor.

"We will request the Board of the Queen Victoria Market to consider rent relief for affected tenants and stall-holders.

"We're doing everything we can to help businesses stay open and keep Melburnians in jobs."

Updated at Noon AEDT on 18 March 2020.

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Does your pay structure answer today's challenges?
Partner Content
If you are not reassessing how your organisation remunerates and rewards employees as a...
Aon
Advertisement

Related Stories

Will Australia follow Europe into a fourth COVID wave?

Will Australia follow Europe into a fourth COVID wave?

Europe is facing a fourth wave of COVID. As we watch on, it is reas...

International students, skilled workers welcome next month, travel bubble extends to Japan and Korea

International students, skilled workers welcome next month, travel bubble extends to Japan and Korea

Fully vaccinated students, skilled workers, working holiday makers,...

Victoria to lift venue and visitor caps tonight with 90 per cent full vaccination milestone in sight

Victoria to lift venue and visitor caps tonight with 90 per cent full vaccination milestone in sight

“Whether it’s 100,000 people at the MCG on Boxing Day, ...

SA to reopen borders on 23 November, unveils new rules for the fully vaccinated

SA to reopen borders on 23 November, unveils new rules for the fully vaccinated

Premier Steven Marshall has announced today that fully vaccinated S...