MORE THAN 93% OF SMALL BUSINESSES IN NSW STRUGGLING WITHOUT GOVERNMENT SUPPORT
NSW Labor is urging the Premier to provide more support to struggling small businesses after new data revealed more than 93 per cent have received no financial assistance from the State Government.
The NSW Labor Leader Jodi McKay, Shadow Minister for Finance and Small Business Daniel Mookhey and Labor spokesman for Seven Hills Anthony D’Adam visited several businesses in Wentworthville and the Tamil Chamber of Commerce in Sydney’s west to discuss the lack of stimulus and support during the recession.
Figures obtained by Labor show that 94.8% of small businesses in the Seven Hills electorate received no financial support to help them survive. That’s 8,312 small businesses.
Across NSW, 93.5% of small businesses have received no grant support from this Government.
Ms McKay said: “Businesses have been left to fend for themselves and tragically, many may not make it through to the other side.”
“That means local businesses, and all the jobs they create, could be gone – just because this Government can’t target their stimulus programs to properly support businesses.”
Mr Mookhey said: “Unemployment is at a 20 year high. Too many small businesses have missed out on support. Once JobKeeper dries up, many of these businesses will hit the wall.”
“NSW businesses have taken a huge hit to revenues during COVID-19. Now they have to figure out how to keep their doors open and keep employing people in local communities,” he said.
“The Berejiklian Government should be pulling on every lever it has to save jobs and businesses. There can be no economic recovery in New South Wales without small businesses.”
Mr D’Adam added: “Times are really tough. Businesses in Seven Hills are struggling to make ends meet and they have had almost no support from the State Government.”
“It’s not good enough, the Premier must step in to lend a helping hand.”