Brought to you by:

Governments offer recovery funds for NSW flood victims

The federal and NSW governments today announced a raft of recovery funding programs for communities hit by severe flooding.

The grants cover damage caused by last month’s floods and Ex-Cyclone Alfred in March, and are usually available only to those without insurance coverage.

As insuranceNEWS.com.au has reported, brokers say many clients affected by the most recent catastrophe could not secure flood cover.

The support announced today includes:

  • Grants of up to $25,000 for eligible small businesses (with fewer than 20 employees) and non-profit organisations to help clean up and restore operations.
  • Grants of up to $25,000 for eligible primary producers directly affected by flooding to help with clean-up and getting operations back on track.
  • Grants of up to $10,000 for eligible rural landholders to assist with clean-up, repairs and recovery work, including fixing damaged fences, infrastructure or equipment affected by east coast severe weather and flooding.
  • A $5 million program to clear drainage on private land following Ex-Cyclone Alfred.
  • A $180 hardship payment for individuals, capped at $900 for households of five or more, to help cover essential items such as food, clothing and medicine.

“This funding ensures people get the support they need now, whether it’s a roof over their head, financial assistance or help rebuilding,” NSW Premier Chris Minns said.

“The funding package recognises that people are doing it tough. We are making sure there’s money for clean-up, to help farmers, and helping businesses get back on their feet. 

“For a natural disaster of this size and scale, we’re going to be with these communities for the long haul.” 

Yesterday, the Insurance Council of Australia said 8726 claims had been lodged from last month’s floods.