Longer-term economic support needed: mayor

Longer-term economic support needed: mayor

Liverpool mayor Wendy Waller has called on the state government to provide longer-term economic support for businesses.

The state government recently announced their economic support package to help business navigate the current COVID-19 lockdown.

It includes an expansion of the business grants program with grants between $7500 and $15,000 soon to be available to eligible businesses with annual wages up to $10 million. A new grant program is also available for smaller micro businesses with turnover between $30,000 and $75,000. Cashflow support to businesses to help them retain staff, payroll tax waivers and land tax concessions for landlords who reduce the rent of their tenant are also part of the package.

Ms Waller thanked the state government for "stepping up" but said more needs to be done.

"With the lockdown extension until July 30, the economic impact will be felt for many months to come. Given this, we're calling on the NSW Government to provide longer-term economic support for businesses," she said.

"I thank the NSW Government for stepping up and for providing the necessary extra support for the thousands of workers and businesses in the Liverpool Local Government Area that will be heavily impacted with loss of trade and revenue.

"Many businesses will be losing income but still have substantial costs even when closed. I hope these measures will help ease that financial challenge and keep our local people in jobs."

Mayor Waller said during last year's lockdown, council's Business Resilience Grants program helped many businesses "stay afloat". More than 50 businesses across Liverpool received grants totalling $172,000 in financial support. She said council would look to implement additional measures to support Liverpool's business community.

"We received some great feedback from local businesses who were able to use the funding to change their business models, for advertising campaigns, business rebranding and setting up an online presence," she said.