BREAKING: The $130b JobKeeper wage subsidy package has passed the Senate, making it the largest financial package ever legislated in Australian history.
Under the scheme, workers who have their hours cut will be able to request time to work a second job.
Companies will be able to cut employees’ hours so their income matches the $1500 per fortnight JobKeeper payment, as long as there is not enough work available for them in their normal role. Businesses will also be allowed to move workers into different roles or physical locations to keep them in work – within reason – such as requesting sales staff swap to deliveries.
Workers can agree to change their days, while bosses could also ask staff to take annual leave, provided employees have two weeks left over. Reasonable requests to take annual leave will not be able to be refused.Businesses with less than $1 billion in revenue will only be able to claim the subsidy – and pass it on to individual workers – if they experience a 30 per cent drop in sales, or a 50 per cent hit for firms with more than $1 billion in revenue.
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