JobKeeper is a keeper

There was plenty of uncertainty around whether JobKeeper would get the flick in late September. However, ScoMo has announced that the fortnightly subsidy will stick around at least a little while longer.

Although the scheme will continue, the fortnightly payment amounts will be phased down over six months from JobKeeper's initial end date on 28 September.

From 28 September 2020, employees who were working 20 hours or more per week prepandemic will receive $1,200 per fortnight. This will then reduce to $1,000 per fortnight from 3 January 2021. Employees who were working less than 20 hours per week pre-pandemic will receive $750 per fortnight as the scheme phases down, then reducing to $650 per fortnight from 3 January 2021.