On Tuesday, we published our
Covid-19 Update: JobKeeper Payment - What we know so far
newsletter. Yesterday, 8 April 2020, parliament sat in a special
session to pass the Coronavirus Economic Response Package
(Payments and Benefits) Bill 2020 and the Coronavirus
Economic Response Package Omnibus (Measures No. 2) Bill 2020.
The bills include the framework under which payments will be made
and administered by the Commissioner of Taxation (the
Commissioner), but also include a number of amendments to the
Fair Work Act 2009 (Cth) to support this framework. Both
of these elements will be discussed in detail below.
Key Takeaways for Employers
Key Takeaways – Payment Framework:
- Payments may only be made by the Commissioner and must relate
to the period between 1 March 2020 and 31 December 2020.
