New JobKeeper Payment Rates Start TODAY
For JobKeeper fortnights from 28 September 2020, there are two payment rates – a tier 1 (higher) rate and a tier 2 (lower) rate.
𝗙𝗿𝗼𝗺 𝟮𝟴 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟬 𝘁𝗼 𝟯 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟭, the JobKeeper Payment rates will be:
- $𝟭,𝟮𝟬𝟬 𝗽𝗲𝗿 𝗳𝗼𝗿𝘁𝗻𝗶𝗴𝗵𝘁 for all eligible employees who, in the four weeks of pay periods before 1 March 2020, worked for 20 hours or more a week on average; and
- $𝟳𝟱𝟬 𝗽𝗲𝗿 𝗳𝗼𝗿𝘁𝗻𝗶𝗴𝗵𝘁 for other eligible employees and business participants.
The rate will be stepped down in two stages. The first payment rate decrease starts from JobKeeper fortnight 14 (28 September 2020). A further payment rate decrease starts from JobKeeper fortnight 21 (4 January 2021).
If you would like to discuss this please contact our office.