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Stay up to date with the latest news related to Coronavirus (COVID-19) and what this means for your business. To stay up to date with the latest Government relief and stimulus packages, click here.

JobKeeper extension

The Federal Government recently announced an extension of the JobKeeper wage subsidy until March 2021. The current scheme will remain in place until September and then extended for a further six months at a lower rate. 

The new-look scheme will operate through a two-tiered approach, with a lower rate for casuals and part-time workers. Payment will be closely aligned to the hours worked by employees receiving the payment.

New payments

The JobKeeper payment will be reduced to $1,200 from $1,500 per fortnight for full-time employees. Part-time employees (working under 20 hours per week) will receive $750 per fortnight. For the March quarter (January to March 2021), the payments will be reduced again to $1,000 per fortnight for full-time employees and $650 per fortnight for part-time employees. 

Finance Minister Mathias Cormann said of the updated subsidy: “We are starting to lower the payment from the end of September onwards as part of an effort to wean the economy, wean business off this sort of support.”

Read more here

Updates

Business Australia have some good suggestions for how to deal with the COVID -19 recovery process. Including planning for how your business will safely bounce back.

Create a COVID-19 Safe Workplace

Businesses will be able to check, test and promote their COVID Safe credentials with the launch of the NSW Government’s online COVID Safe Check.

The COVID Safe Check is available now here  

COVID-19 Safety Plans help to protect your staff, customers and visitors as you get back to business.

Some businesses will need to complete a COVID-19 Safety Plan under the public health orders, but you can also voluntarily complete one. To find out if you need to complete a COVID-19 Safety Plan, select your industry below.

There are different plans for different industries, and they all provide advice on:

• hygiene and safety
• physical distancing
• recording contact details of staff and customers 
• staff well-being. 

When you’re completing your plan, consult with your staff, and share it with them when it’s done. Find a COVID-19 Safety Plan for your industry here.

For more information on the payment, read the Australian Government’s fact sheet.