Grants Supporting Small Business

Minister for Employment and Small Business Di Farmer visited Prestige Cabinet Co, North Mackay earlier this week, a business who benefitted from a $5,000 Business Basics Grant.

“Since 2020, nearly 60,000 Queensland businesses have been supported by grants totalling almost $530 million,” Minister Farmer said.

“Following the successful business grants that spurred our economic recovery, the State Budget 2022–23 will invest a further $39.1 million over the next four years to support our crucial small business sector and I can confirm this will be permanent, ongoing funding.”

Julie Scott, co-owner of Prestige Cabinet Co, North Mackay, said the grant helped advance the business during an uncertain time.

“Having this funding was a highlight and gave us the positivity and confidence to progress our business forward,” Ms Scott said.

“We used this funding for our strategic marketing, something we would never have done previously, because we never had enough available cash flow to allocate to this part of the business.”

Thanks to the grant, Julie and her business partner, husband Danny, were able to advertise to a larger audience, increasing sales and demand and have since taken on a new employee with plans to hire another in the next six months.

Prestige Cabinet Co was one of 109 businesses to share in more than $607,000 in a range of Big Plans for Small Business grants for the Mackay region.

Minister Farmer said the State Budget would also deliver relief to small-and-medium-sized businesses through payroll tax cuts.

“This year’s State Budget 2022-23 will cut payroll taxes for more than 12,000 small and medium-sized Queensland businesses,” Minister Farmer said.

Changes to payroll tax will come into effect on 1 January 2023.

Minister for Employment and Small Business Di Farmer and Member for Mackay Julieanne Gilbert with Julie and Danny Scott, owners of Prestige Cabinet Co, North Mackay

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