JobKeeper extension laws introduced

How to handle your finance after the end of jobseeker and JobKeeper

Source: AAP

The government introduced legislation to extend its JobKeeper wage subsidy.


Federal Treasurer Josh Frydenberg says the scheme has been a success and with Labor's support, it will pass the parliament in this sitting.

"Right around our great country there are great stories. Great stories about what JobKeeper is doing to support businesses and families."

 


Highlights 

  • The scheme will be tapered and broken into two tiers
  • From September, the rate of JobKeeper will drop from $1,500 a fortnight to $1,200

  • The second rate will be $750 and from next year it'll fall even further


     


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