$130 billion JobKeeper Payment to help keep Australians in jobs

Apr 9, 2020 | Private Wealth

On 30 March, the Government announced the $130 billion JobKeeper Payment to help keep Australians in jobs as we deal with the significant economic impact from the Coronavirus.

For more information please click here for the JobKeeper Payment factsheet

 

JobKeeper payment – Information for employers

If your business has been significantly impacted by the Coronavirus you will be able to access a wages subsidy to continue paying your employees. Under the JobKeeper program, you will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020, for a maximum of six months. This assistance will help you keep staff and will help you restart when the crisis is over.

Fact sheet – JobKeeper payment – Information for employers
Last updated: Monday 30 March 2020

JobKeeper payment – Information for employees

The JobKeeper payment helps businesses significantly impacted by the Coronavirus cover the costs of their employees’ wages, so more Australians can retain their jobs and continue to earn an income. Your employer will notify you if they intend to claim the fortnightly payment of $1,500 on your behalf.

Fact sheet – JobKeeper payment – Information for employees
Last updated: Monday 30 March 2020

If you would like to discuss, please call on |PHONE|.

Source: Australian Government – The Treasury

<a href="https://ugc.net.au/author/joel/" target="_self">Joel Hewish</a>

Joel Hewish

Joel is the founder and CEO of UGC. He is a licensed financial advisor with 15 years experience assisting clients grow, manage and protect their wealth.

Recent News

STAY UP TO DATE

Subscribe here to receive all UGC updates as they happen

Good Move! Keep an eye on your inbox for our next update.