Australia and Queensland Govt to further support Queensland major tourism/hospitality businesses

Australia's Minister for Trade, Tourism and Investment Dan Tehan stated (25-Sep-2021) Australia's and Queensland's Governments reached an agreement to further target AUD70 million (USD50.9 million) from the State and Federal Governments AUD600 million (USD435.9 million) support package to boost support for Queensland's major tourism and hospitality businesses who continue to face significant hardship. In the agreed package, AUD30 million (USD21.8 million) from the State and Federal Governments AUD600 million support package will be targeted at supporting Queensland's tourism attractions and AUD40 million (USD29.1 million) will be used to provide a second round of grants to small, medium and large employing tourism and hospitality businesses across the state that received an initial grant from the Tourism and Hospitality Sector Hardship Program. Grants of up to AUD4 million (USD2.9 million) will be available to ensure that major tourism enterprises remain viable and are ready to scale up as visitation returns. A second round of grants of AUD15,000 (USD10,898), AUD25,000 (USD18,163) and AUD50,000 (USD36,326) will be available for small, medium and large employing businesses across the state that have experienced a reduction in turnover of at least 70% for at least seven consecutive days between 01-Jul-2021 and 30-Sep-2021. [more - original PR]