COVID-19 business support measures: What’s still available?

Matt Hayes and Louis Raymond provide an overview of the Federal Government support measures currently on offer for businesses and employers.

The Federal Government announced an extension of its wage subsidy initiative on 21 July, the JobKeeper payment, which aims to ensure that employees effected by COVID-19 would be supported until 28 March 2021.The extension, a new tiered payment structure, is to be operational from 28 September 2020 and requires businesses to meet updated criteria relating to their decline in turnover. These changes do not impact JobKeeper payments until after 28 September 2020.While the majority of businesses ...

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Authors: Matthew Hayes, Louis Raymond

Published Date: 31 August 2020