Business owners desperate for govt to unveil extension of JobKeeper | Sky News Australia

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Business owners are feeling a sense of relief that JobKeeper will be extended for another six months, especially those in the tourism sector which has been bleeding billions of dollars each month.

Operators warned if JobKeeper wasn’t extended past September, tens of thousands of jobs in the sector would be lost. Cruise company owner Jim Patterson said his business took a 70 per cent hit since January. “In January with the fires and smoke, we lost a massive amount of turnover, and then February picked up a little, March was looking promising, and then COVID stopped it in its tracks,” he told Sky News.

The federal government will today unveil details of its expanded JobKeeper and JobSeeker support schemes, which will be extended beyond their original September end date. Prime Minister Scott Morrison and Treasurer Josh Frydenberg will announce an extension to both payments but at a reduced level. Under the plan, the schemes would be extended to March with a two-tier payment system introduced to reflect the incomes of casual and part-time staff.

 

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I am on jobseeker and prepared myself financially for it to return to the pre pandemic amount. This is great news. 👍

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Extension of JobSeeker, JobKeeper 'appropriate to wean business off support': Cormann | Sky News AustraliaFinance Minister Mathias Cormann has confirmed the JobKeeper scheme will be extended for a six-month period from the end of September with JobSeeker extended until the end of the year, both at a lower rate. \n\nSpeaking to Sky News, Mr Cormann said the government believed it “appropriate” to extend JobKeeper by six months as it was “part of weaning business off this transitional support payment”. \n\nHe said the turnover test would be reapplied twice – once in October and again in January – to ensure support payments matched businesses’ genuine financial need coming out of the coronavirus crisis. \n\nA two-tier payment system would also be implemented under the extension based on “hours worked” in order to accurately prescribe the level of support needed for casual and part-time workers. \n\nMr Cormann hailed the support scheme as widely successful. \n\n “We do believe the JobKeeper and the enhanced JobSeeker arrangements worked as intended, that they were successful in putting a floor under the economy and provide a necessary, much needed support to business, to working Australians and those Australians who lost their job,” he said. \n\nImage: Getty MathiasCormann ScottMorrisonMP manna from heaven! Who would like to look for work when the government is giving allowance for the next 6 months? MathiasCormann Was the primary motivation for you to be able to apply? LNPFail LNPRorts Murdochvirus BoycottMurdoch Newscorpse MathiasCormann Neighbour, now waiting 5 months for the aged pension, over 65 you may as well be dead in this country.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

JOBKEEPER LIFELINE: Business support programs extended beyond September | Sky News AustraliaThe Morrison government will reveal on Tuesday its JobKeeper and JobSeeker schemes will be extended beyond September at a reduced rate.\n\nThe prime minister and treasurer are in Canberra to reveal plans for the COVID-19 support measures, which will continue at their current rates until the end of September.\n\nFrom that point, the JobKeeper rate will be reduced and is expected to become a two-tiered payment system. \n\nTreasury has also recommended the government look at setting a new turnover test for businesses.\n\nFor those left out of work during the pandemic, JobSeeker payments will also be wound back in two months' time, with the exact rate to be revealed later this morning.\n\nThe Australian is reporting 'JobKeeper payments will be extended for millions of stood down workers beyond September at a new rate of $1200 a fortnight for an additional six months, as businesses face a slower recovery because of virus outbreaks in Victoria and NSW'. \n\n\n ScottMorrisonMP Good, it’s needed ScottMorrisonMP Maybe if it involves doing some actual work or service for payment?
Source: SkyNewsAust - 🏆 7. / 78 Read more »