Published on Aug 4, 2020
Feel free to share
On 21 July the Government announced it is extending the JobKeeper Payment for a further six months.
Businesses and not-for-profits who continue to be significantly impacted by COVID-19 will have up until 28 March 2021 to access the JobKeeper Payment.
The economic support package has provided timely support to affected workers, businesses and the broader community.
To support the economic recovery, the Government is extending and further tailoring temporary economic measures to support sectors, regions and communities that will continue to face challenges.
These actions have supported the economy during this extraordinary time, and have set the foundation for a strong economic recovery once the pandemic passes.
Extra assistance will continue to support hundreds of thousands of people currently without work and offer businesses and their employees a lifeline throughout the crisis, and to recover and rebuild post COVID.
As at 3 June 2020, data collected by the Australian Taxation Office (ATO) indicates that 1106 applications for JobKeeper Payment had been received from organisations within the Cessnock Local Government area.
Due to many businesses shutting up shop and people losing their jobs the temporary Coronavirus Supplement has been extended until 31 December 2020. In addition to the extension a new skills package to assist people transition from welfare to work has been announced.
Through these support programs the Government is delivering initiatives and reforms that will help grow our economy and create jobs well into the future.
The new arrangements for the JobKeeper Payment are expected to cost an additional $16.6 billion, while the Coronavirus Supplement is expected to cost an additional $3.8 billion.
The JobKeeper Payment is currently due to finish on 27 September 2020, but will now remain available for eligible employers until 28 March 2021.
Similar News View All Similar News