Point to Point - Industry Assistance
The NSW Government established an industry adjustment assistance package of up to $250 million. These funds have been made available across three streams:
- Additional Assistance Hire Vehicles Payment Scheme,
- Transitional Assistance Payment (Phase 1 and Phase 2); and
- Additional Assistance Payment Scheme.
Additional Assistance Payment Scheme
A number of applications have been finalised and recommended for payment. TfNSW is communicating with these payment recipients on preferred payment options. Following this additional step, payments will be approved and provided to recipients.
Applicants were given the opportunity to provide information relating to their application up to 14 December 2018. These applications are currently being processed and applicants will continue to be contacted as needed from early January 2019 as part of the assessment process.
Assessment of applications will continue until all are finalised, including notification of the outcome to applicants and where applicants are determined for payment, payments are made. We are working to complete this process by 31 March 2019 however if needed, this timeframe could be extended.
For further details, visit the Additional Assistance Payment Scheme page.
- Applicants are encouraged to seek independent legal or professional financial / taxation advice in relation to the additional assistance payment scheme and your individual circumstances. Read here for further information.