Senate debates
Tuesday, 4 February 2020
Condolences
Australian Bushfires
6:09 pm
Michaelia Cash (WA, Liberal Party, Minister for Employment, Skills, Small and Family Business) Share this | Hansard source
I too rise to make a contribution to the condolence motion on the bushfires. This season's bushfires have been unprecedented and have, sadly, resulted in widespread damage and, heartbreakingly, in the loss of life. Our thoughts and prayers are with the family and friends of the 33 people who have lost their lives in bushfires this season, including the nine firefighters who so bravely served the Australian people. With more than 3,000 homes lost, more than 11 million hectares across our country burnt and a significant impact to wildlife and livestock, we must all come together to rebuild.
To the firefighters who have given their time and risked their lives to help their fellow Australians and to protect lives and property: you are the true heroes in our community. We also thank those who've come from overseas to help our communities. You are our true friends. And to those who are still out there fighting fires as the fire season continues: we are fully behind you.
As the minister for small and family business I have been particularly concerned about the devastating impact this bushfire season has had on Australian small businesses. As we all know, small businesses are the backbone of the Australian economy and the lifeblood of communities. These businesses supply essential goods and services to their region and also employ a significant number of people in their communities. Recovery of these small businesses will be essential to the recovery of these communities as a whole. The Prime Minister, the Treasurer and I recently held a roundtable with peak bodies and local business representatives to hear firsthand how small businesses have been affected and what we can do to assist. We recognise that tens of thousands of small businesses have been impacted by the bushfires—small businesses within the disaster declared areas and also those in surrounding areas.
From the small businesses in Bilpin that I recently visited that have lost everything in the fires to those in Braidwood that have suffered loss of income from the closure of the Kings Highway, the devastation and impact is felt right across our great country. At the roundtable we were humbled to hear from Pierre from Kangaroo Island. Pierre reminded us that, despite the fires, Kangaroo Island, like so much of those affected regions, is still open for business and welcomes our patronage. In Bilpin, which many will know is known as 'the land of the mountain apples', I can assure you that they are still making apple pies. Drop in and visit the fantastic small businesses there, sample their outstanding apple cider and take home some apple pies. The resilience of the small-business community is humbling, and we will work with you to rebuild.
As many Australians have already done, I encourage you to visit those communities who were affected by bushfires, spend some money at their local small businesses, spend a weekend enjoying their hospitality and show these communities that their fellow Australians are with them. As a government we are working hand in hand with state governments and local governments, not just in the immediate short term but in the long term. We have announced the first tranche of support for affected small businesses, including grants, concessional loans, financial advice, tax relief and, importantly, local economic development plans. Importantly, the package recognises that the recovery needs to be locally led, not Canberra led. This comprehensive package deals with the challenges we know small businesses in these areas are facing and will continue to face.
To provide immediate assistance to small businesses and not-for-profit organisations that have suffered damage from the fires, the federal government will top up disaster recovery funding arrangement category C grants from $15,000 to a nationally consistent amount of $50,000, ensuring equity in grant arrangements. We are also providing much-needed tax relief for affected small businesses by further deferring the lodgement date and payment of business activity statements, income tax returns and fringe benefit tax returns to 28 May 2020. We are also allowing businesses to vary pay-as-you-go instalments for the December 2019 quarter to nil and claim refunds for any instalments paid in the September 2019 quarter.
In partnership with state governments, we are providing generous concessional loans to small businesses affected by the fires. Impacted small businesses are able to apply for a loan of up to $500,000 to assist with their recovery. These loans can be for up to 10 years and include a repayment holiday of two years with no interest accruing during this period and then an interest rate of half the government bond rate, currently less than one per cent. This additional assistance will provide a solid foundation for small businesses in disaster declared regions, in the early recovery phase, to help them get back on their feet.
Importantly, to assist local communities to get back on their feet as soon as possible and to help them build resilience into the future, the government will work with local stakeholders and all levels of government to develop local economic recovery plans. These plans will provide a single community-led view on the priority interventions required to support the medium- and long-term economic recovery and rebuilding phases. As the Prime Minister has previously stated, these recovery processes will be locally led and will be developed at the regional level and engage local councils, state governments, tourism associations, local chambers of commerce, critical supply chain businesses and community organisations.
Financial advice for affected small businesses is so important at this time. Small businesses can contact 132846 for information about the assistance that is available to help them recover from the bushfires. We are also establishing the Small Business Bushfire Financial Support Line and we are funding additional financial counsellors. The hotline will be staffed by small business specialist financial counsellors who will be able to quickly assess needs and provide the appropriate referral to other service providers. They will be trained to triage small businesses facing hardship and distress as a result of the bushfires and to advocate and negotiate on their behalf. The hotline will offer fast, free and easily accessible advice for small businesses.
The bushfires have significantly impacted a number of communities across Australia. To those who have lost family members and loved ones in the bushfires, the thoughts of your fellow Australians are with you. Throughout the fire season we have seen some remarkable examples of human spirit. We have seen the selfless work of our volunteer firefighters, for weeks and months on end, protecting homes and lives. We have seen locals throughout fire-affected communities offering their homes as shelter to those who are stranded. We have also seen countless individuals donate their hard-earned money to bushfire relief. We can be very proud that Australians from all walks of life come together at times like these. I have been particularly humbled by the resilience and fighting spirit of small businesses affected by the bushfires. We are 100 per cent behind you as you recover and we'll continue to be there as you build back better.
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