The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed changes to the JobKeeper eligibility criteria, saying it will help support more businesses, particularly those in Victoria facing the impact of tighter restrictions. The changes to the eligibility test outlined by Treasurer Josh Frydenberg this morning mean businesses are only required to demonstrate a… Read more »
In response to the effects on the economy of the stage 4 lockdowns in Melbourne, the government has eased the criteria around the eligibility test for JobKeeper. The major change: Treasurer Josh Frydenberg has announced businesses will now only have to show their turnover has fallen in the last quarter to qualify for the extension… Read more »
The government’s lifeline to small businesses and the unemployed – the JobKeeper and JobSeeker payments – will be extended past their original September cut-off date to continue to provide support to Australians during the coronavirus crisis. The prime minister Scott Morrison announced the wage subsidy program and unemployment benefit schemes would extend for a further… Read more »
The federal government’s third tranche of stimulus which focused on the JobKeeper payment has passed parliament. Small businesses, including sole traders, with an annual turnover of less than $1billion whose revenue has dropped by 30 per cent or more will now be eligible for the subsidy. The flat payment of $1500 per fortnight per eligible… Read more »
The A$130 billion $1,500-per-fortnight JobKeeper payment will benefit six million Australians for six months, with payments expected from May 1. Eligible businesses include not-for-profits and businesses with turnovers of less than $1 billion per year whose turnover is down 30%. Businesses with turnovers of more than $1 billion per year need to have lost 50%… Read more »
The PM has announced a further $130 billion in support to Australians impacted by the coronavirus crisis. This time the support will take the form of a wage subsidy of $1500 a fortnight accessible to all eligible employees and sole traders. The PM said it is an unprecedented time and it was time for Australians to… Read more »
The Morrison government will pay up to $1,500 a fortnight for full-time employees to businesses to keep their staff in jobs as part of a massive third stimulus package to be announced today. The ‘JobKeeper’ wage subsidy is expected to be backdated and last for up to six months to help businesses in danger of… Read more »
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