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JobKeeper 2.0

JO𝐁 πŠπ„π„ππ„π‘ 𝐔𝐏𝐃𝐀𝐓𝐄 β€˜πŸ.πŸŽβ€™The Government has just announced updates to the JobKeeper Scheme which will see it extended beyond September and into March next year. JobKeeper 2.0 has not been passed through parliament yet so further changes could possibly be made but here...

JOB KEEPER PAYMENT UPDATE

Please follow this link to the latest update from Treasury regarding the job Keeper Payment.  This provides some much needed clarity. Treasury is going to be administering the Job Keeper Payment but the legislation has yet to be passed – we expect later in the...

$1,500 JOBKEEPER SUBSIDY

A subsidy of $1,500 per fortnight per employee, administered by the ATO, will be paid to businesses that have experienced a downturn of more than 30% (50% for businesses over $1bn). $1,500 JobKeeper subsidy to keep staff employed Date: From 30 March 2020 for six...

THE SECOND $66.1 BN STIMULUS PACKAGE

The Government recently released a second, far-reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides cash flow support of up to $100,000 for small business employers, and relaxes...