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Assistance for flood and storm affected businesses is now available

Flooding over road signage

Disaster Recovery Funding Arrangements have been activated in impacted local government areas

Updated 26 March 2021. Return to this page for the latest updates. 

 

In response to the storms and floods, Disaster Recovery Funding Arrangements (DRFA) have been activated in the 47 local government areas of: Armidale, Ballina, Bathurst, Bega Valley, Bellingen, Blacktown, Blue Mountains, Brewarrina, Byron, Cabonne, Camden, Campbelltown, Canterbury Bankstown, Central Coast, Cessnock City Council, Clarence Valley, Cobar, Coffs Harbour City, Cumberland, Dungog Shire, Eurobodalla, Fairfield, Gilgandra, Glen Innes Severn, Gunnedah, Gwydir, Hawkesbury, Hornsby, Inner West, Inverell, Kempsey, Ku-ring-gai, Kyogle, Lachlan, Lake Macquarie City, Lismore, Lithgow, Liverpool, Liverpool Plains, Maitland City, Mid-Coast, Moree Plains, Nambucca Valley, Narrabri, Newcastle City, Northern Beaches, Oberon, Parramatta, Penrith, Port Macquarie-Hastings, Port Stephens, Queanbeyan-Palerang, Richmond Valley, Shoalhaven, Singleton, Sutherland, Tenterfield, The Hills, Tweed, Walcha, Walgett, Wingecarribee and Wollondilly.

Concessional loans 

Loans of up to $130,000 at a fixed concessional interest rate may be available to small businesses, primary producers and non-profits (subject to certain eligibility criteria) that have been directly impacted. 

Disaster Recovery Payment 

One-off financial assistance for individuals at a rate of $1000 per eligible adult and $400 per eligible child. Claims for this payment can be lodged with Services Australia for a period up to 6 months.  

Disaster Recovery Allowance 

A fortnightly income supplement that is available to primary producers and sole traders who have lost income as a direct result of the disaster. 

For more information on disaster and recovery assistance, visit Service NSW or phone 13 77 88 for assistance.  

Help for affected small businesses to meet their tax obligations 

The ATO also offers assistance with meeting tax obligations for businesses impacted by floods. More information is available here.   

Help from your financial institution 

The major banks and others have announced special support for flood-affected clients. Contact your institution for further details.

  

The NSW Small Business Commission will provide more information as soon as possible.

 

More information:

Small business storms and flood support FAQ

To read more about support available for NSW small business, visit our storms and flood support page.

 

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