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## Disaster Assistance Extension for Bushfire-Affected Small Businesses in Western Downs

On 17 November 2023, the Albanese and Palaszczuk Governments announced the extension of disaster assistance to help small business operators in the Western Downs local government area who were affected by bushfires. This extension includes concessional loans and essential working capital for fire-impacted businesses in the region.

### Concessional Loans and Working Capital Support

The extended disaster assistance offers concessional loans of up to $250,000 to cover costs such as repairing or replacing damaged plant and equipment, buildings, and resupplying stock needed for immediate trading. Additionally, essential working capital concessional loans of up to $100,000 are available for directly and indirectly impacted small businesses to carry on business operations.

### Ministerial Support and Joint Funding

Federal Minister for Emergency Management Murray Watt urged impacted individuals and small business operators to check the support available to them and emphasized the tough impact of the fires on the affected areas. Deputy Premier Steven Miles assured continued support from the Queensland Government and mentioned the significant impact of the 2023 bushfire season on the Western Downs.

The extended assistance is jointly funded through the Commonwealth-State Disaster Recovery Funding Arrangements (DRFA).

### Additional Support Measures

The announcement also highlighted the range of jointly funded assistance measures already activated in the region, including hardship payments for individuals, freight subsidies and loans for primary producers, and $5000 payments for uninsured homeowners to have damaged services reconnected.

### How AI legalese decoder Can Help

AI legalese decoder can be an invaluable resource for small business operators and affected individuals to navigate the eligibility criteria and application process for disaster assistance. By using the platform, they can easily understand and interpret the complex legal terms and requirements, ensuring that they access the appropriate support available to them.

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