News & Analysis

JobKeeper and JobSeeker stay until March 2021 – but in a reduced two-tier scheme

- July 21, 2020 3 MIN READ

The Australian government’s lifeline to small businesses and the unemployed – JobKeeper and JobSeeker payments – will be extended past their original September cut-off date to continue to provide support during the ongoing coronavirus crisis. Prime minister Scott Morrison announced today that the wage subsidy program and unemployment benefit schemes would extend for a further… Read more »

News & Analysis

The Morrison government is looking to extend JobKeeper this week to avoid September’s economic cliff

- July 20, 2020 2 MIN READ

The government is set to continue a revamped and re-targeted wage subsidy when it delivers its Thursday economic statement amid massive uncertainty about the trajectory of COVID-19 in the two largest states. Finance Minister Mathias Cormann on Sunday said JobKeeper would be extended but with changes. “There will be some adjustments to the scheme to… Read more »

Opinion

How paying for a ‘gap year’ for young people to work in startups is a better bang for taxpayer bucks after Jobkeeper

- May 25, 2020 4 MIN READ

If we want the best bang for our economic stimulus buck, we need young workers in startups  As we crawl towards our new definition of ‘normal’, one thing that’s become clear is that ‘recovery’ from COVID-19 isn’t a single goal; it’s a thousand small wins we will need to reach at different speeds.  Despite the… Read more »

News & Analysis

Tax experts William Buck explain everything startups need to know about the JobKeeper ‘alternative test’ to qualify

- April 28, 2020 5 MIN READ

Ever since the Australian Government announced the JobKeeper measures, many startups have been eagerly awaiting details of the “alternative test”. Since startups can scale rapidly, many of them are unable to rely on the “basic test” demonstrating a 30% decline in turnover in a particular month or quarter this year to the same month or… Read more »

News & Analysis

Employsure is helping startups apply for the government’s $130 billion JobKeeper support program

- April 21, 2020 2 MIN READ

Workplace relations company Employsure has launched a new support service, JobKeeper Help, for small and medium-sized businesses to help them apply and administer the federal government’s JobKeeper payments. The launch of the service coincides with the opening of applications with the Australian Taxation Office for the $130 billion stimulus package, which pays companies $750 a… Read more »

News & Analysis

JobKeeper won’t suit every business, but if it’s eligible here’s how it works

- April 11, 2020 3 MIN READ

“While it is a great initiative that is going to help thousands of employers keep staff on their books and potentially save their business, there is still the application process to go through first. Employers shouldn’t rush out and start spending money until they have gotten confirmation that they are eligible,” said Employsure Managing Director… Read more »

Insights

The $130 billion JobKeeper bonanza: who gets it, and how, and who misses out

- April 6, 2020 3 MIN READ

The A$130 billion $1,500-per-fortnight JobKeeper payment will benefit six million Australians for six months, with payments expected from May 1. Eligible businesses include not-for-profits and businesses with turnovers of less than $1 billion per year whose turnover is down 30%. Businesses with turnovers of more than $1 billion per year need to have lost 50%… Read more »