JobKeeper 2.0 and Updates to JobSeeker
Between April to May 2020, JobKeeper was taken up by 920,000 organisations and around 3.5 million individuals – 30% of pre-Coronavirus private sector employment.
On 21 July 2020, the Government announced an extension of the JobKeeper program to 28 March 2021 but with tighter access and reduced rates. From 28 September 2020, employers seeking to claim JobKeeper payments will need to reassess their eligibility and prove an actual decline in turnover.
If your business currently receives JobKeeper, your arrangements will generally remain unchanged until 27 September 2020. Following this, the second tranche of the JobKeeper scheme changes the eligibility test for employers and the method and amount paid to employees.
We’ve summarised the key details for employers on JobKeeper 2.0 below and the changes to JobSeeker in the document linked here: