$130 billion JobKeeper Payment to help keep Australians in jobs

Listen to the episode

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

Recent stories

Find Your Lost Super

Listen to the episodeIt’s surprisingly easy to lose track of your superannuation. Changes in employment, address, or personal details can…

Read more

Estate Planning: Five Key Elements for Consideration

Listen to the episodePlanning for the future, especially in terms of estate planning, is a crucial step in safeguarding the…

Read more

How To Build An Emergency Fund Fast

Listen to the episodeIn an ever-unpredictable world, financial preparedness is more crucial than ever. Emergencies – be they medical crises,…

Read more

Essential Strategies for Achieving Investment Success

Listen to the episodeUnderstanding and achieving investment success is a highly personal journey, as the definition of success varies from…

Read more

Home Equity: Unlocking the Power

Listen to the episodeHome equity is more than just a financial term; it’s a powerful resource that, when utilised wisely,…

Read more