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PM Scott Morrison and NSW Premier Gladys Berejiklian announce financial support for residents and businesses struggling during the Greater Sydney lockdown. Individuals who cannot work due to the lockdown will see their COVID-19 disaster payments increase by up to $100 a week to a maximum of $600.

Eligible businesses will also be able to access a new payment of between $1500 and $10-thousand a week, so long as they can demonstrate a 30 per cent decline in turnover. It will be contingent on companies maintaining their current staffing levels.

On Tuesday, NSW recorded 89 new cases of COVID-19.

Individuals who cannot work due to the lockdown will see their COVID-19 disaster payments increase by up to $100 a week to a maximum of $600.

Eligible businesses will also be able to access a new payment of between $1500 and $10-thousand a week, so long as they can demonstrate a 30 per cent decline in turnover. It will be contingent on companies maintaining their current staffing levels.

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IN FULL: Scott Morrison and Gladys Berejiklian announce COVID-19 financial relief package | ABC News

PM Scott Morrison and NSW Premier Gladys Berejiklian announce financial support for residents and businesses struggling during the Greater Sydney lockdown. Individuals who cannot work due to the lockdown will see their COVID-19 disaster payments increase by up to $100 a week to a maximum of $600.

Eligible businesses will also be able to access a new payment of between $1500 and $10-thousand a week, so long as they can demonstrate a 30 per cent decline in turnover. It will be contingent on companies maintaining their current staffing levels.

On Tuesday, NSW recorded 89 new cases of COVID-19.

Individuals who cannot work due to the lockdown will see their COVID-19 disaster payments increase by up to $100 a week to a maximum of $600.

Eligible businesses will also be able to access a new payment of between $1500 and $10-thousand a week, so long as they can demonstrate a 30 per cent decline in turnover. It will be contingent on companies maintaining their current staffing levels.

Subscribe: http://ab.co/1svxLVE Read more here:
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.

For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on iview: https://ab.co/2OB7Mk1

Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews

Note: In most cases, our captions are auto-generated.

#ABCNews #ABCNewsAustralia
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