Great news for the Hospitality Industry!
Hundreds of thousands more Victorians will be eligible for the JobKeeper wage subsidy, under changes worth an extra $15 billion.
Treasurer Josh Frydenberg has announced businesses will only need to show that their GST turnover had fallen over one quarter, instead of multiple, to be eligible for the scheme's extension. Workers will also qualify if they were employed on July 1, rather than March 1.
"We believe that about 530,000 extra Victorian employees will now join the JobKeeper program over the September quarter, that means 1.5 million Victorian employees will be using JobKeeper," he said.
"That's nearly half of the private sector workforce across the whole state." The changes will apply across the country, meaning some businesses in other states will qualify, however Mr Frydenberg said he expected $13 billion of the money to flow to Victoria.
Continue to published article from ABC News (abc.net.au)
Page Updated: 7 August 2020
