State government assistance to the construction industry

Compensation is available to firms within the construction industry that were closed for the two weeks ended 4th October 2021.  Payments are tiered according to payroll size.

The compensation program is called Business Costs Assistance Program Round Four – Construction.

So how does my business qualify:-

  • Must have held an ABN as of 24th September 2021.
  • Must have been registered for GST as of 24th September 2021.
  • Have a payroll of less than $10,000,000.
  • If your business employs, you must be registered with WorkCover.
  • If your business doesn’t employ anyone, you must hold a WorkSafe Construction Induction Trading Card.
  • You must operate within an eligible sector – click here to check your business.
  • Your business must have incurred costs directly due to the lockdown and were not able to operate remotely.
  • Your business must have been contracted to work within a lockdown municipality.

Costs directly incurred as a result of the lockdown include such outgoings:-

  • Contract penalties
  • Equipment rental
  • Paid employee leave for staff who were prohibited from attending a work site.

Business that received any one of last year’s three rounds of the Business Support Fund and/or the Pay-roll Tax rebate/waiver can apply.

However, businesses do not qualify for round 4 if the received any one of:-

  • Business Costs Assistance Program Round Two
  • Business Costs Assistance Program Round Two – July Extension
  • Small Business COVID Hardship Fund

Those businesses still awaiting the outcome of their application to those three programs can apply for Round 4.  If successful under any of the four programs, they will be paid under the grant that pays the greatest amount.

The grant amount is tiered to payroll size:-

  • $2,000 for non-employing businesses.
  • $2,800 for employers with an annual payroll of less than $650,000.
  • $5,600 for employers with an annual payroll between $650,000 and $3,000,000.
  • $5,600 for employers with an annual payroll between $3,000,000 and $10,000,000.

Applications are to be processed within 10 business days with the program closing on 9th November or earlier of the allocated funds run out.

We welcome the opportunity to examine whether you qualify, answer any questions you may have or assist you with your application.

At MRS, we will spend today planning for your success.