JobKeeper Coronavirus Supplement
The growth in numbers of Australians seeking financial support from the Federal Government to help them through the coronavirus pandemic have created massive economic changes
Disruption across the globe, increasing numbers of Australians are turning to welfare payments to help pay their rent and buy essential items.
In response, the Federal Government has made it easier for people to access welfare by introducing new benefits, increasing the rate of existing payments and expanding eligibility criteria.
JobKeeper payment
The JobKeeper payment is a subsidy scheme that the Federal Government will benefit an estimated six million Australian workers over the next months.
The benefit applies to workers who face losing their job or had already been let go because of the impact of coronavirus on their employer since 1 March.
It’s designed to encourage employers to keep workers on the books and bring full-time staff back on when restrictions are lifted.
In order to be able to get the payment, the employer and employee must meet eligibility criteria.
- Businesses will be eligible if they can demonstrate that their revenue has dropped by 30% compared to the same time last year.
- Businesses with a turnover of more than $1 billion need to prove their revenue has declined by more than 50%
- Eligible employees include full and part-time workers, as well as sole traders.
- Employees that lost jobs at businesses that shut down due to social distancing measures will continue to be paid even if they are not working.
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