Advocacy Alert: State Government maps out $4 billion recovery plan initiatives

During the first day of Queensland Parliament resuming today, the State Government made a number of announcements breaking down it's $4 billion COVID-19 economic recovery plan.

Key measures under the plan include:

The $10,000 Small Business Grants initiative is a welcomed announcement for so many of our local businesses that have been highly impacted by COVID-19 shutdown restrictions, and this Grant aims to help adapt and sustain their operations, and build resilience. The State Government has outlined that the Grant can be used for:

  • Financial, legal other professional advice
  • Marketing and communications activities
  • Digital or technology strategy development
  • To purchase specialised digital equipment or business-specific software to help move the business online.

Applications are open now but will close when funding has been exhausted. Further information and eligibility criteria can be found HERE.

The Premier also today announced a $14.8M commitment towards the CopperString 2.0 project, fast tracking construction of connecting the North West Minerals Province with the national electricity market. This is a significant project that will drive down the high costs of power in the North West and ensure a future for minerals, mining and advanced manufacturing across our region. Importantly, it will also unlock investment opportunities throughout the North West corridor and the communities on that line. We acknowledge the CopperString team, Scott Stewart MP, Aaron Harper MP and Coralee O'Rourke MP for the announcement, and the Katter's Australian Party in particular for their strong advocacy on this project. More HERE.

Treasurer Cameron Dick also announced today that the State Government will not be handing down a budget prior to the 31 October State Election and will instead deliver a COVID-19 Fiscal and Economic Review in September. More HERE.

We welcome the State Government's update today outlining the first stage of their economic recovery roadmap and note with interest the Premier's intent to continue reviewing restrictions at the end of each month. This is critical to ensure our community can get back into jobs, businesses doors reopened, and industries firing again.

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"Welcomed opportunity to meet with the Premier in Townsville yesterday to discuss the fast-tracked measures on the r… https://t.co/JdPUubP6hd"

07:51 AM Jun 3rd @TSVEnterprise