March 24, 2020
GOVERNMENT UPDATE
HCC & Government Update
Since January this year, the impact on Chinatown businesses has seen closures of some of our longest standing businesses. In response to the economic and cultural impact Haymarket and Chiantown is experiencing daily, HCC met with City of Sydney lord Mayor and Councillors Jess Scully and Robert Kok and a round table of more than 20 key local businesses followed by a first time meeting with the NSW Minister for Finance and Small Business Damien Tudehope to express and share key business concerns and local businesses needs for immediate support.
Government Support
HCC welcomes the Government rescue support packages and funding that will assist our businesses during these incredibly uncertain times and year ahead. Below is an outline of all the Government support and packages available:
CITY OF SYDNEY
Late last week the City of Sydney have allocated an additional $25M support package for the business, arts and creative industries. Find out more critical changes to the City of Sydney venues and operations HERE
FEDERAL GOVERNMENT
These business measures are a welcome step in the right direction towards preventing the potential implosion of the small-business sector in the face of this unprecedented crisis and a new economic and social paradigm ahead.