X

Blog

27Jun

Grant funding in the Queensland budget

Jen Lawson | Queensland grants, Queensland budget, government grants, grant, successful grants, funding | 0 Comments | Return|
0 ( 0 reviews)
|

The Queensland budget will support small business grants and administrative processes and systems around these, as well as manufacturing, trade and investment and tourism infrastructure as follows:

  • $150M over 10 years towards a new Queensland Trade and Investment Strategy to enhance Queensland’s trade  opportunities
  • $66.4M over 4 years for tourism recovery and development initiatives
  • $50M over two years for manufacturing, incl. $40M for Made in Queensland program and $10M for the Manufacturing Hubs Grant Program. (Cairns, Townsville and Rockhampton)
  • $39.1M over 4 years continued funding for Small  Business Support, including small business grants and Mentoring for Growth program
  • $11M over 2 years to enhance Queensland Government’s grants administration processes and systems.
  • $1.6B for mental health services over 5 years. Funded through 0.25% levy on businesses with annual taxable wages over $10 million, and an additional 0.5% for businesses over $100 million.
  • Payroll Tax relief for SMEs through adjustments to the existing payroll tax deduction framework:

> From 1 January 2023, $6.5m taxable wages deductions ceiling to be extended up to $10.4m.

> Reform estimated to benefit around 12,000 businesses with reduced payroll tax liabilities.

The broader extension of business support programs is a welcome announcement for many, and we look forward to supporting Queensland businesses to thrive with successful government grant funding opportunities. 

The Activate Ecotourism Infrastructure grant is already open, with its expression of interest closing in mid July. 

About the Author

Related

Success Granted

Success Granted

Coast writer Jenny Lawson is the region’s Outstanding Business Woman of the Year.

Read More >
NSW Flood victim - grant writing support for Healthy North Coast submissions

NSW Flood victim - grant writing support for Healthy North Coast submissions

Successful Grants is partnering with Healthy North Coast to assist up to 30 applicants with the Comm...

Read More >
Ignite Ideas Funding

Ignite Ideas Funding

Ignite Ideas funding is available to commercialise highly innovative and new Queensland products or ...

Read More >
Small business computer & social media strategy funding available

Small business computer & social media strategy funding available

Too easy! Short, sharp social media and website grants - up to $10,000 in funds

Read More >
What difference would $35,000 make to your community group?

What difference would $35,000 make to your community group?

Are you sick of flipping sausages at Bunnings for $514.35 for your club?  The team at Successful G...

Read More >
2019 is the year for your business to shine

2019 is the year for your business to shine

Would you like your business to become better known? Would you like to motivate your staff, and your...

Read More >

Join our Newsletter

Name

Blog Categories

Calendar

Popular posts