NSW Premier Dominic Perrottet has announced a major support package for small businesses to buy up stock in the lead-up to the summer trade.
At a media conference on Tuesday, Mr Perrottet said small businesses would be able to claim up to $20,000 in perishable goods and $10,000 for non-perishable.
The premier also said the package came after extensive consultation with business owners, banks and their business clients.
“We learnt from Victoria last year, one of the key issues was providing confidence as we head into the summer months – Christmas trade – that businesses go out and invest in their businesses, buy stock to get go going,” Mr Perrottet said.
“We know there has been concern in relation to lockdowns – I have made it very, very clear that is a last resort, not a first resort.
“But this will give confidence to businesses to purchase stock, a rebate of up to $20,000 of perishable goods, $10,000 for non-perishable goods.
“This will give businesses the confidence to buy up big, to get ready for a major summer trade.”