On Monday 30 March 2020 the Federal Government unveiled a new$130 billion JobKeeper payment designed to keep Australians in jobs and support businesses affected by the significant economic impact caused by the Coronavirus (COVID-19).
The payment ensure eligible employers remain connected to their workforce and will help businesses restart quickly when the crisis is over.
The Government has also made temporary changes made to the Fair Work Act 2009 as a result of the new JobKeeper legislation.
Under the Fair Work Act 2009, new provisions now apply to employers who have qualified for the JobKeeper scheme and their eligible employees. Once an employer has qualified for the JobKeeper scheme, the new provisions enable:
employers to make temporary and partial stand downs in certain circumstances
employers to temporarily alter employees’ usual duties and locations of work in certain circumstances
employers and employees to agree on altering an employee’s days and times of work and use of annual leave in certain circumstances.
AFTA recently conducted a series of webinars dedicated to the JobKeeper Payment. You can watch these below.
How to enrol for the JobKeeper Payment?
Businesses can enrol for the JobKeeper Payment by Clicking Here or AFTA watch this helpful webinar on the enrolment process below.
JobKeeper Payment Overview:
If your business has been significantly impacted by COVID-19 you will be able to access a wages subsidy to continue paying your employees.
Under the JobKeeper program, you will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020, for a maximum of six months. This assistance will help you keep staff and will help you restart when the crisis is over.
Whose an eligible employer?
Eligible employers will be those with annual turnover of less than $1 billion who self-assess that have a reduction in revenue of 30 per cent or more, since 1 March 2020 over a minimum one-month period.
Employers with an annual turnover of $1 billion or more would be required to demonstrate a reduction in revenue of 50 per cent or more to be eligible.
Eligible employers include businesses structured through companies, partnerships, trusts and sole traders.
Full time and part time employees, including stood down employees, would be eligible to receive the JobKeeper Payment. Where a casual employee has been with their employer for at least the previous 12 months they will also be eligible for the Payment. An employee will only be eligible to receive this payment from one employer.
Eligible employees include Australian residents, New Zealand citizens in Australia who hold a subclass 444 special category visa
Self-employed individuals are also eligible to receive the JobKeeper Payment.