As part of the Federal Government’s commitment to ease the pressure on small businesses facing difficulties, it has announced that it will invest almost $11 million into small business beginning this January.
A total of $10.8 million will be allocated to the Small Business Debt Helpline and the NewAccess for Small Business Owners programs that commenced last 1 January throughout an 18-month period.
The NewAccess for Small Business Owners program is a free, confidential one‑on‑one mental health coaching program delivered by Beyond Blue. It provides small-business owners with up to six structured sessions via phone or video with a trained mental health coach who has a small business background, allowing them to better understand the unique challenges small business owners may face. No GP referral or mental health treatment plan is required.
Meanwhile, the Small Business Debt Helpline is a dedicated small business financial counselling service delivered by Financial Counselling Australia that provides free, independent and confidential phone‑based support to small-business owners nationally regardless of the cause of their financial hardship.
Minister for Small Business Julie Collins stated, “Small businesses are the engine room of Australia’s economy, and employ millions of employees. It’s important they have the support they need, when they need it.”
“Small-business owners and operators are resilient, but we also know some small businesses are doing it tough right now. That’s why this support is so important. This is part of our more than $640 million in practical and targeted support for small businesses, outlined in our Small Business Statement,” Collins added.
Small-business owners who are interested to know more or take part in the NewAccess for Small Business Owners program by calling 1300 945 301 or via the Beyond Blue website. They can also contact the Small Business Debt Helpline by calling 1800 413 828 or via the Small Business Debt Helpline website.
