The Premier and Treasurer have announced a rescue package for NSW businesses impacted by the current lockdown.

For small businesses of 20 or fewer employees including sole traders, they will be eligible for grants of either $5000, $7000 or $10,000, depending on the nature of the loss in turnover they can demonstrate. A tourism or hospitality related business can claim the grants if its turnover is less than $10 million each year.

Non-Payroll Tax paying businesses who have suffered because of the lockdown can access a grant and have that in their account by mid to late July.

Application for the grants will be via Service NSW and be available in coming days.