Financial relief flows to algae impacted businesses

Immediate financial relief has begun flowing to businesses impacted by the South Australian algal bloom through the $28 million government support package.

Assistance grants that have been described as more generous than those offered during the COVID pandemic, have been delivered to businesses quickly - as promised by the government when the package was first announced at the end of last month.

The payments come as the State Government hosts an algal bloom community forum at Semaphore, the latest in a series of events to provide updates to affected communities.

Wildwater Jetski Tours at North Haven is one of the first small businesses to receive a $10,000 Small Business Support Grant.

In addition, under the Fisheries and Aquaculture Assistance Grant, the State Government is working closely to deliver significant support of up to $100,000 for fisheries and aquaculture license holders who have either been forced to close due to the presence of brevetoxins, or who have experienced a sustained reduction in catch.

Under this grant, four businesses are currently being assessed, with one already approved for payment of $50,000.

In addition to the grants, the government has assessed and approved fishing license fee relief to 35 different operators in the charter boat, marine scalefish and oyster industries.

To be eligible for the $10,000 Small Business Support Grants, businesses are required to demonstrate a 30 per cent decline in turnover.

Eligible businesses include

·        marine or coastal tourism operators

·        charter boat and fishing charter operators

·        marine-based sport and/or schools (e.g. surf school)

·        commercial fisheries and aquaculture licence holders

·        seafood processors

·        marine/fishing supply chain manufacturers/retailers (e.g. tackle shops, suppliers)

·        coastal caravan parks and camping grounds and accommodation

·        And beachfront kiosks/cafés

In addition to the grants, the State Government is also providing financial counselling, mental health support and workforce advice to assist small businesses impacted by the harmful algal bloom to develop recovery and continuity plans, understand the short and long-term implications, and help manage financial and mental wellbeing.

To find further details on the algal bloom, including details of business support, and attendance at community forums, visit algalbloom.sa.gov.au