Disaster Recovery Funding Arrangements

Relief for Businesses in NSW

These, NSW recovery grants will assist small businesses in reopening after the floods.

The recovery funding applies to 34 local government areas so if you in any of these locations please reach out to the government for assistance:

Disaster Recovery Funding Arrangements (DRFA) have been activated in the 34 local government areas of Armidale, Bellingen, Central Coast, Cessnock City, Clarence Valley, Coffs Harbour City, Dungog Shire, Kempsey, Lake Macquarie, Maitland City, Mid-Coast, Nambucca, Newcastle City, Port Macquarie-Hastings, Port Stephens, Tenterfield, Blacktown, Blue Mountains, Camden, Campbelltown, Canterbury Bankstown, Cumberland, Fairfield, Hawkesbury, Hornsby, Inner West, Ku-ring-gai, Liverpool, Northern Beaches, Parramatta, Penrith, Sutherland, The Hills, 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 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. 

Small business recovery grants up to $10,000 (income loss)
The grants are designed to help small business that have experienced a significant decline in revenue. The grant could be used to meet business costs, seek financial advice or to adjust the business and make it more resilient.

Small business recovery grants up to $50,000 (direct damage)
These grants are designed to provide short-term targeted assistance for recovery and reinstatement activities, including safety inspections, repairs to premises and internal fittings, and replacement of stock.

To submit your claim or to check on the eligibility criteria please contact the Australian Government Information Hotline 180 22 66 or print and complete the New South Wales Floods March 2021 – Disaster Recovery Allowance claim form and fax it to 1300 727 760.

For more information go to https://www.servicesaustralia.gov.au/individuals/services/centrelink/new-south-wales-floods-march-2021-australian-government-disaster-recovery-payment/how-claim