Inner-city businesses will be boosted with a $10 million package from The City of Melbourne to help them deal with the coronavirus threat. Firms hit by shutdowns will get rate and rent relief as Lord Mayor Sally Capp said business across Australia had suffered a “tsumani effect”. A Council meeting tonight endorsed the support package, which will include a virtual Business Support Summit at and Melbourne Town Hall suspending fees for Food Act registrations and street trading permits for three months. Under the unprecedented package, rents will be halved for eligible tenants in Council owned buildings and a Rates Hardship Policy will be developed by the end of this month. Deputy Lord Mayor Arron Wood said businesses were hurting, but they needed help. “We’re developing an investment package to provide direct support to businesses. This will include up to $1 million for training and support and up to $500,000 in grants to support businesses to develop e-commerce and online services,” he said. Melbourne Lord Mayor Sally Capp said the package will support businessed impacted by coronavirus. Picture: GettySource:Getty Images Lord Mayor Sally Capp said the package will support businesses affected by the statewide emergency measures announced on Monday, which include… Read full this story
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