The Federal Government has announced a series of extraordinary fiscal measures designed to protect the jobs and incomes of Australian workers as part of its response to the economic consequences of the COVID-19 pandemic.
This includes a A$130 billion 'wage subsidy' scheme: the JobKeeper payment.
Following the announcement of this scheme on 30 March, there is likely to be significant and immediate pressure on employers to start making payments to workers who have been stood down and to rehire workers who have been made redundant. This is not without risk for some employers.
In this new report we summarise:
- what is known about the JobKeeper payment announced on 30 March 2020
- the questions employers should be asking about the scheme; and
- the other entitlements available to workers who are affected by COVID-19 but who may not be able to access the JobKeeper payment.
To access the report, please click the 'DOWNLOAD PDF' below.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
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