Financial Assistance

 Financial Assistance For Businesses Affected By Recent Floods


Information provided by East Group Accountants

Assistance being offered by The Queensland and Australian Government to businesses affected by the floods include:

• An immediate grant of $5,000 is available to help businesses with immediate recovery.

• An additional grant of up to $20,000 is available to assist in repairing and replacing damaged buildings, equipment and stock.

• Low-interest loans of up to $250,000 are also available to help businesses fund repairs.

For further information visit the QRAA website or call 1800 623 946 begin_of_the_skype_highlighting              1800 623 946      end_of_the_skype_highlighting and for Dairy Farmers call the QDO Brisbane office on (07) 3236 2955 begin_of_the_skype_highlighting              (07) 3236 2955      end_of_the_skype_highlighting.

• Freight subsidies of up to $5,000 per disaster event are available for eligible primary producers.  For more information, visit the Queensland Primary Industries and Fisheries website or telephone 132 523.

• The Sport and Recreation Services Disaster Recovery Program is offering one-off funding of up to $5,000 for replacement of operational items and up to $20,000 to assist the repair of sport and recreation infrastructure damaged by flooding. For more information, visit the Department of Communities website.

• Farm Financial Counselling Service is a free and confidential service to help primary producers manage droughts, seasonal changes, national disasters, industry reform, low prices and changing rural credit policies. For further information call 13 25 23.

Financial assistance available to individuals and families includes:

• A one-off grant of $170 per person (capped at $850 for a family) is available to help people who have experienced personal hardship. This is not means tested.  For more information call 1800 173 349 begin_of_the_skype_highlighting              1800 173 349      end_of_the_skype_highlighting.

• An essential household contents grant for contents that have been lost or damaged of $1705 per adult.

All applications will be assessed on a case by case basis. To apply call the Department of Communities on 1800 173 349 begin_of_the_skype_highlighting              1800 173 349      end_of_the_skype_highlighting.

• A Structural Assistance Grant is available for people whose house has been damaged by the floods and who do not have house insurance. This grant is a means tested and has other conditions. Applications will be assessed on a case by case basis. To apply call the Department of Communities on 1800 173 349 begin_of_the_skype_highlighting              1800 173 349      end_of_the_skype_highlighting.

• An Australian Government Disaster Recovery Payment of $1,000 per eligible adult and $400 per child is available to eligible people, and is administered through Centrelink.

From the whole team at East Group Australia