21st July 2020

Extension of the JobKeeper Program

The Government has announced the following proposed changes to JobKeeper Program:

• The program will be extended until 28 March 2021.
• New turnover test will be announced to determine eligibility.
• There will be no impact to the existing JobKeeper Payment scheme – if you are in receipt of JobKeeper then this will not change until after 28th September 2020
• From 28 September 2020,there will be tiered payments for eligible staff. 
• From 28 September 2020, employers will be required to reassess their eligibility for the JobKeeper extension.

• Further information can be found here: JobKeeper Extension (Australian Government Information)

Federal Stimulus Measures

• Cash Flow Assistance for Business
• Delivering Support for business investment
• Temporary Relief for Financially Distressed Businesses