Government Stimulus at 30 March 2020
Today Prime Minister Scott Morrison announced the JobKeeper payment, designed to keep employees connected to employers during this health and economic time of crisis.
The JobKeeper payments are administered via employers through the normal payroll process, not via Centrelink.
This announcement still requires legislation to be enacted, however, we do have information to share as at 30 March 2020.
Eligible employers and sole traders
Those currently experiencing at least a 30% decline in turnover (relative to a comparable period last year)
Amount of payment: $1,500 per fortnight per eligible employee (or eligible sole trader) for six months
Full or permanent part-time staff, the casual staff you have employed for a minimum of 12 months, provided they were employed on 1 March 2020. Employees recently stood down may also be eligible.
Think you may be eligible for a JobKeeper Payment?
Register a phone call with our team here:
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As always our team are here to support you during this time.