Jobkeeper
The federal government will consider a push from victoria for an extension of full jobkeeper assistance for more than 200000 of the states businesses after assessing the impact of tougher health.
Jobkeeper. From 28 september 2020 eligibility for the jobkeeper payment will be based on actual turnover in the relevant periods the payment will be stepped down and paid at two rates. And after treasury found a quarter of recipients were paid more via jobkeeper than they earned previously. The jobkeeper payment is administered by the australian taxation office ato. The payment equals 1500 per eligible employee per fortnight.
The jobkeeper payment is a scheme to support businesses significantly affected by the coronavirus to help keep more australians in jobs. Jobkeeper for staff working more than 20 hours a week will fall from 1500 a fortnight to 1200 in october and 1000 in january part time staff less than 20 hours pre covid will see their. On 21 july the government announced it is extending the jobkeeper payment until 28 march 2021 and is targeting support to those businesses and not for profits which continue to be significantly impacted by the coronavirus. The jobkeeper payment scheme is a temporary subsidy for businesses significantly affected by coronavirus covid 19.
It was payable to employees of businesses with a turnover of less than 1 billion that. The jobkeeper payment which was originally due to run until 27 september 2020 will now continue to be available to eligible businesses including the self employed and not for. Unfortunately there is a strong incentive in jobkeeper to dismiss non eligible workers said david richardson senior research fellow at the australia institute. On 21 july 2020 the government announced it is extending the jobkeeper payment until 28 march 2021 and is targeting support to those businesses and not for profits who continue to be significantly impacted by the coronavirus.
The governments jobkeeper payment will help keep more australians in jobs and support businesses affected by the significant economic impact of the coronavirus. The jobkeeper payment is designed to help businesses keep their employees on the payroll during government ordered closures and dwindling profits.