JobKeeper Payment passed Parliament

08/04/2020 – Georgia HitchABC News

The Government’s $130 billion JobKeeper scheme — the largest financial lifeline package in Australia’s history — has just been passed with the support of both sides of Parliament.

It’s expected to be accessed by about 6 million workers.

Before we get to some lingering questions about how the scheme is going to work, here’s a quick recap of what it’s offering:

  • Businesses affected by COVID-19 can receive $1,500 per employee, per fortnight
  • The businesses must pass the payment on to their staff
  • The wage subsidy package is budgeted for six months
  • As of Wednesday morning, 750,000 businesses had signed up and that number is growing

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