The State Government is implementing relief measures to help Townsville’s small businesses impacted by the severe flooding.
Minister for Employment and Small Business, Shannon Fentiman, welcomed the activation of “Category B disaster assistance” for small business affected by the monsoon event.
“Business owners in Townsville are experiencing significant rainfall and flooding this week and we are here to assist and support the communities affected,” Ms Fentiman said.
“The disaster assistance includes concessional loans of up to $250,000 and essential working capital loans of up to $100,000 for small businesses in the Townsville local government area.”
Small business owners impacted by flooding can call the Queensland Rural and Industry Development Authority on 1800 623 946 for assistance and information on the concessional loans that are available.
Meanwhile disaster assistance has been now extended to the community of Cloncurry through the jointly funded Commonwealth-Queensland Disaster Recovery Funding Arrangements (DRFA).
Assistant Minister for Home Affairs Linda Reynolds, who has responsibility for Commonwealth disaster assistance, said the Commonwealth and Queensland governments were committed to providing ongoing support to impacted communities.
“The monsoon trough in North Queensland continues to produce record rainfall and subsequent flooding impacting more and more communities,” Senator Reynolds said.
“Through the DRFA, we are now providing assistance to Cloncurry Shire Council to help cover the cost of clean-up and repairs associated with the floods and to help residents recover.
“Townsville is at the centre of this disaster event so we are pleased to be able to provide assistance to small businesses who have suffered losses because of this event.
“In addition, personal hardship assistance payments and essential services reconnection grants are now available across the entire Townsville Local Government Area.”