The Queensland government has unveiled a new range of stimulus measures, in what they’ve labelled the ‘biggest single relief package assembled by any state or territory’.
An additional $4 billion will be invested to support Queenslander’s health, jobs and businesses.
Households across the state are set to get $200 off their utility bills, while businesses will be eligible for payroll tax holidays, and a payroll tax deferrals.
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Half a billion dollars will be spent assisting workers who’ve lost their jobs, and finding new ones, and liquor licencing fees will be waived for businesses who’ve had to close their doors.
Premier Annastacia Palaszczuk say the measures are unprecedented.
“To date, this is the biggest single relief package assembled by any state or territory.
“Our $300 million household relief package will give Queensland households $200 off their utility bills, building on the $50 asset dividend we have already announced.
“Our society will go through the most difficult period most of us have ever experienced, but I am determined my Government will support Queenslanders through it,” the Premier said.
Deputy Premier and Treasurer Jackie Trad says an additional $2.5 billion into protecting Queensland jobs and businesses.
“I’ve been engaging with Queensland industry and business and we’ve taken on board what they’ve said.
“For small and medium businesses and large businesses specifically impacted by COVID-19, we will refund two months’ worth of payroll tax.
“Additionally, we’re giving small and medium businesses a three-month payroll tax holiday, and a further six-month payroll tax deferral for any of these Queensland businesses.
“Combined with the payroll tax deferrals we’ve already announced, it means no Queensland business impacted by COVID-19 will need to make a payroll tax payment this year.
“That $2.5 billion includes a package of up to $500 million to assist workers who lose their job or income and to help them find jobs in the industries that are vital to getting us through this crisis – health care, agriculture, food production, transport, cleaning and mining.
“We’re waiving liquor licencing fees for venues that have had to close their doors, providing rent relief for businesses who rent premises from the state government and giving sole traders, small and medium businesses a $500 rebate on their power bill for this year,” Ms Trad said.
Plus, an extra $1.2 billion will be spent expanding fever clinics, emergency department capacity, acute care services and regional aeromedical services for remote communities.
The government has today launched an online portal for businesses to apply for payroll tax relief which can be accessed via www.business.qld.gov.au