What is the JobKeeper payment?
The JobKeeper payment is a subsidy to businesses. It will help keep more Australians in jobs throughout the coronavirus pandemic
The Australian Government will provide $130 billion for JobKeeper support to help keep Australians in jobs and minimise the significant economic and social impact from the coronavirus.
The payment is a subsidy to businesses which will keep more Australians in jobs throughout the coronavirus pandemic as social distancing and public gathering restrictions impact on business operations.
Employers will receive a payment of $1,500 per employee to help keep both employers and employees connected while some businesses may have to go into hibernation during the outbreak.
Are you an Australian employee? Visit here for frequently asked JobKeeper questions.to find out more.
JobKeeper Payment explained
There’s a new payment to help businesses affected by coronavirus to cover the cost of their employees’ wages.
It’s called the JobKeeper Payment. The Australian Taxation Office pays this directly to eligible employers so they can pay their eligible employees for up to 6 months.
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