JobKeeper payment

JobKeeper payment

The JobKeeper payment: a wage subsidy to keep Australians in work and connected to their employer.

The JobKeeper payment supports businesses significantly affected by COVID-19 by helping with the costs of their employees’ wages, so more Australians can retain their jobs and continue to earn an income. The payment consists of a payment of $1,500 per fortnight, per eligible employee, for up to six months.

To be eligible, an employee must have been employed on 1 March 2020 and continue to be engaged by that employer. Employers must pass this payment on to their employees.

Employers can register their interest for the JobKeeper payment here: https://www.ato.gov.au/general/gen/JobKeeper-payment/

JobKeeper payment information for employers and employees, including FAQ's, can be found on the Australian Taxation Office website: https://www.ato.gov.au/general/gen/JobKeeper-payment/

The JobKeeper payment is open to full-time, part-time and long-term casuals (employed on a regular basis for at least the previous twelve months) and stood down employees. Employees who are re-engaged by a business that was their employer on 1 March 2020 will also be eligible.

Self-employed individuals are eligible to receive the JobKeeper payment where they have suffered  a 30% decline in turnover relative to a comparable prior period (of at least a month).

Employers are eligible for the JobKeeper payment if:

  • their business has a turnover of less than $1 billion and their turnover will be reduced by more than 30 per cent relative to a comparable prior period (of at least a month); or
  • their business has a turnover of $1 billion or more and their turnover will be reduced by more than 50 percent relative to a comparable prior period (of at least a month); and
  • the business is not subject to the Major Bank Levy.

For more information about the JobKeeper payment please visit: https://treasury.gov.au/coronavirus/jobkeeper