The NSW and Federal Governments have announced additional support measures for businesses and individuals in NSW as the Greater Sydney lockdown looks set to continue well beyond this Friday, 16 July 2021.

As you would appreciate, not all details are available regarding eligibility. Some commentators have suggested details and examples will be released at 5pm Friday afternoon, we will keep you informed as further information is released.

Welcome to our October 2021 special edition of the StewartBrown newsletter. Some important announcements have recently been made concerning the COVID-19 support payments and these are summarised for you below.

The announcement by the Government of additional funding totalling $11.3 billion over 4 years to deliver a pay increase to over 250,000 workers is a very positive initiative that will be supported by all stakeholders in the aged care sector.

The additional funding includes staff in residential and community aged care services. Due to the complexity of the residential aged care funding streams and it being the major portion of the additional funding, we have focussed this analysis on residential aged care.

Click here to download a PDF copy of the Aged Care Funding Budget Announcement and StewartBrown's Analysis.