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Tourism NT News




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Tourism NT; Tourism; Periodicals

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Northern Territory Government; Northern Territory Government

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Tourism NT News


Newsletter, 21 March 2020

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Attribution International 4.0 (CC BY 4.0)

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Northern Territory Government; Northern Territory Government



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2 This means the Territory has joined Tasmania with some of the most secure borders in the country. This includes directing people to self-isolate for 14-days once they arrive. Exemptions: People involved in National and State Security and Governance. Active Military personnel required to be on duty in the Territory while in the Territory. A member of the Commonwealth Parliament who is ordinarily resident in the Territory. Health service providers and personnel. Some transport, freight and logistics. Specialist skills critical to maintaining key industries or businesses or infrastructure. Emergency services. Other individuals or groups will be able to apply for an exemption to the Chief Health Officer, for instance visiting a terminally ill relative or medical grounds or interstate travel for essential medical treatment. Our team will endeavour to update industry with more information noting the situation continues to be extremely fluid. Kind regards Andrew Hopper A/ Chief Executive Officer SUMMARISING THE SUPPORT AVAILABLE The Australian Banking Association have announced Australian banks will defer loan repayments for small businesses affected by COVID-19 for six months. Small businesses are encouraged to contact their banks to apply The Reserve Bank of Australia has agreed to the following comprehensive package to support the Australian economy through this challenging period; A reduction in the cash rate target to 0.25 per cent; A target for the yield on 3-year Australian Government bonds of around 0.25 per cent; A term funding facility for the banking system, with particular support for credit to small and medium-sized businesses. Exchange settlement balances at the Reserve Bank will be remunerated at 10 basis points, rather than zero as would have been the case under the previous arrangements. Assistance for affected regions, communities and industries - $1 billion has been set aside to support regions and communities most significantly affected by the Coronavirus. These funds will be available to assist during the next few months and over the year ahead to ensure these communities are well placed to recover. Northern Territory Jobs Rescue and Recovery plan - Full details and terms and conditions for the Home Improvement Scheme, Business Improvement Grant and Immediate Works Grant will be available on Friday 27 March 2020 Tourism Intensive Business Support - Partnering with the Department of Trade, Business and Innovation and the Business Enterprise Centre NT, an intensive business support program will be available for those tourism businesses that are suffering financial hardship due to immediate booking cancellations. This intensive business support program will be provided to relevant tourism businesses through pre-qualified consultants skilled in delivering this type of business support. Tourism Grant for New Visitor Experiences - An additional tourism grant round will be implemented via the Visitor Experience Enhancement Program, from March 2020. This round will focus on recipients delivering new visitor experiences through a matched funding co-contribution.

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