The JobKeeper Payment Scheme is a Federal Government economic response to COVID-19 that provides wage subsidies to eligible businesses that have been significantly impacted by the COVID-19 pandemic.
Enrolments opened on 20 April 2020 and if approved, eligible businesses could receive $1500 per eligible employee per fortnight, with the payments being made fortnightly, in arrears.
On 27 September this Scheme, as it’s currently operating, will cease to exist and JobKeeper 2.0 will take its place. JobKeeper 2.0 will apply from 28 September 2020 to 28 March 2021.
Under this next phase, eligibility rules continue to apply but with some adjustments. Payment rates will also be adjusted.
Please read our FAQs below for a comprehensive summary of the rules and eligibility criteria of each Scheme.
Find the latest news on how COVID-19 is impacting businesses. Check in here to see our latest commentary.
19 August | Jobkeeper Payment eligibility changed – Take action now
If your business is accessing the JobKeeper Payments system, the rules around which employees are eligible have changed with immediate effect. This means that you need to take action now.
30 April | JobKeeper Program – Startup-specific issues and FAQ
Many startups are scratching their heads wondering if they actually qualify for the program and what do they need to do to be paid JobKeeper.
The purpose of this article is to provide insight on some of the most commonly-asked questions we have received from the tech sector over the last few weeks about how the JobKeeper measures apply to startups and scaleups.
29 April | Everything startups need to know about the JobKeeper ‘alternative test’ to qualify
Since startups can scale rapidly, many of them are unable to rely on the “basic test” demonstrating a 30% decline in turnover in a particular month or quarter this year to the same month or quarter last year.
15 April | Flawed JobKeeper Payment could cause more harm to small business
Australia’s JobKeeper Payment will be a saviour for many businesses and their employees, but draft rules implementing the initiative contain a fatal flaw that will likely mean thousands of employees of small businesses miss out on the $1500 payment.