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QLD tourism industry to benefit from $70m joint Federal State grants

Under the agreed package, $30 million from the State and Federal Governments $600m support package will be targeted at supporting Queensland’s iconic tourism attractions and $40 million will be used to provide a second round of grants to small, medium and large employing tourism and hospitality businesses across the state that received an initial grant from the Tourism and Hospitality Sector Hardship Program.

There will be three levels of support for the Tourism and Hospitality Sector Hardship grants: employing sole traders to small business (with a payroll under $1.3 million), small to medium businesses (with a payroll of $1.3 million to $10 million inclusive), and medium to large businesses (payroll over $10 million).”