March 2020

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Details of the Government’s Third Stimulus Package: The JobKeeper Payment:

On 30 March 2020, the Federal Government announced further economic stimulus measures for businesses and employees, called the JobKeeper Payment. The payments will assist eligible employers that have experienced a downturn due to COVID-19 to retain eligible employees by providing a subsidy of $1,500 per fortnight per employee. Businesses are encouraged to register via the …

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Details of the Government’s Second Stimulus Package

On 22 March 2020, the Federal Government announced further economic stimulus measures for individuals, businesses and the banking sector, to support Australia through the unprecedented impact of COVID-19. This economic plan will provide significant benefits to small and medium-sized businesses and households in addition to the stimulus package announced on 12 March. The key announcements …

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