Job Keeper Payment Announcement

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Eligible businesses will be paid up to $1,500 per fortnight, for eligible employees for the next six months

What we know: 

  • Businesses will be paid up to $1,500 per fortnight, per eligible employee, for the next 6 months
  • Eligible employees as at 1 March 2020 and each eligible employee is currently engaged
  • Businesses must have had a drop in turnover of at least 30 per cent due to coronavirus to qualify for the payments to give their workers
  • Payments will start from first week of May, backdated to March 30
  • Legal obligation on employers to pass on the full wage subsidy to employees
  • Payments for full-time workers, part-time workers, sole traders & casuals (employed for 12months or more)

This is designed by the government to enable employers to keep paying their staff during the coronavirus crisis, in an effort to ensure workers still have a job once the pandemic has subsided.

Job Keeper information
Horizon Job Keeper Fact Sheet
Treasury Announcement

NOTE: Until this is passed by parliament (expected early April)
we have limited details