Cash boost for small businesses in South Australia
BY Australian Retailers Association
12 August 2020
South Australian small businesses have benefited greatly, with a much needed emergency cash boost
More than 18,700 small businesses and not-for-profit organisations in South Australia have benefited from a $10,000 emergency cash grant to help them survive and trade through the COVID-19 pandemic. This has in turn supported nearly 100,000 local jobs across more than 420 local industries.
The significant financial stimulus is part of the Marshall Government’s $1 billion economic stimulus package. It has boosted many retail services in the process. Among the industries to benefit include:
Cafes and restaurants ($13.5m + 10,980 jobs)
Hairdressing and beauty services ($8.26m + 3,477 jobs)
Takeaway food services ($6.62m + 4,172 jobs)
Other industries that received the government grants which totalled $187 million include hotels, pubs and clubs, gyms and fitness centres, travel agents, builders, vets, meat processors, manufacturers, fruit growers, childcare centres, aged care residential services – even beekeepers.
Read the full media release from the Hon David Pisoni MP, Minister for Innovation and Skills here.
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ABOUT THE AUTHOR
Australian Retailers Association
Founded in 1903, the Australian Retailers Association (ARA) is Australia’s largest retail association representing Australia’s $320 billion sector, which employs more than 1.3 million people. As the retail industry’s peak representative body, the ARA works to ensure retail success by informing, protecting, advocating, educating, and saving money for its 7,500 independent and national retail members throughout Australia. For more information, visit www.retail.org.au or call 1300 368 041.