JobKeeper extension

Submitted by socpro on Mon, 11/02/2020 - 17:01
measures summary

Adjusted from 30 March 2020: 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. 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.

From 28 September 2020 to 3 January 2021, the payment rate will be $1,200 per fortnight for all eligible employees who were working for 20 hours or more a week. $750 per fortnight for employees who were working for less than 20 hours a week.

From 4 January 2021 to 28 March 2021, the payment rate will be $1,000 per fortnight for all eligible employees who were working for 20 hours or more a week. $650 per fortnight for employees who were working for less than 20 hours a week.

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