The Rules for JobKeeper 2.0 have (finally) been released along with updated guidance from the ATO. Click here to...
$1,500 JobKeeper subsidy to keep staff employed
The Government yesterday released a $130 billion JobKeeper payment.
What we dont know
- Detail of exactly how the turnover reduction will be calculated
- How sole traders, contractors, partners in a partnership will access the subsidy (although we know they can)
- Whether the employer must maintain current salaris for staff who are being paid more than $1,500
The Prime Minister has stated that they will recall Parliament to pass the JobKeeper initiative. We’ll keep you updated.