JobKeeper 2.0 will kick in within weeks – but “hardly anyone will be eligible” under the sneaky new rules, an Aussie expert has warned.
was announced by the Government in response to the coronavirus pandemic back in April, and was designed to keep Aussies in jobs as the pandemic played out.
“These supports are a lifeline but our JobMaker plan is also setting Australia up for our country’s recovery. We’re delivering the initiatives and reforms that will help grow our economy and create the jobs we need for the years ahead.”Prime Minister Scott Morrison said the extension would help hundreds of thousands of Aussies.
However, that one-off income will now be included in a firm’s turnover, which could push it above the JobKeeper threshold, even though it is not a true representation of finances. That flexibility allowed them to determine which method best reflected the impact COVID-19 had taken on their business.
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