Nationwide Financial Blog
News and tips to make a difference in your life and future finances.
JOB KEEPER – EASING ELIGIBILITY
More businesses and not-for-profits will be eligible for Job Keeper payment extension under a $15.6 billion change to the scheme announced on August 7. The Government initially outlined the JobKeeper extension guidelines on July 21, but says it needs to extend its...
Job Keeper Changes
The JobKeeper Payment has been extended by a further six months to March 2021, targeting support to those organisations which continue to be significantly impacted by COVID-19. From 28 September 2020, eligibility for the JobKeeper Payment will be based on actual...
Extension of the Job Seeker Program
The Government is extending the Coronavirus Supplement to eligible recipients to 31 December 2020. The amount of the Supplement will be adjusted to reflect the gradually improved economic conditions and improving labour market. Both existing and new recipients...
Cash Flow Boost: Things to Know
The two cash flow boosts provided by the federal government to help businesses deal with the COVID-19 emergency have largely been overshadowed by the JobKeeper program, but they could provide valuable financial support to organisations that qualify. Some businesses...
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