There is talk that the basic rate of Jobseeker will rise when the government make their announcement on 23rd July.
Aged Pensioners are wondering if the Jobseeker benefit will then become higher than the Aged pension, or will that also rise by the same percentage.
The second $750 Economic Support Payment is another one-off, tax-free payment.
It is being issued from 13 July, to eligible people.
If you are getting the fortnightly Coronavirus Supplement of $550 you will NOT be eligible for this $750 Economic Support Payment.
You should see the $750 arrive in … Read the rest
The Jobseeker income support was effectively doubled for 6 months during the Coronavirus pandemic. This is supposed to come to an end in September, but there is talk that it might not end.
Some reports say it will be extended, along with Jobkeeper, but will it?
We should find out … Read the rest
To be eligible for the Australian full Age Pension your income must be below the current thresholds.
The Income Limit Thresholds, for Australian Aged Pension, at July 2020 are:
A report detailed by the ABC showed the results of nearly 1,000 people receiving the Coronavirus Supplement, who were asked in May about the impact it was having on their lives.
Some of the results included:
The $130 billion Jobkeeper program will now only cost $70 billion, following errors in estimating the total cost.
Out of about 910,000 businesses who enrolled in the JobKeeper program, about 1,000 of them have made errors in completing the forms.
Over 500 small businesses with only ONE eligible employee reported … Read the rest
In April 2020, the Australian Unemployment rate has increased from 5.2% to 6.2%.
The number of people classed as Unemployed increased by 104,500 to 823,300.
This figure released 14th May 2020.
Government support packages were introduced to keep people in employment, even of not actually working.
Many of these are … Read the rest
The Newly Arrived Residents Waiting Period is now a requirement of FOUR years in Australia, on a Permanent Resident Visa, to be able to claim the Jobseeker payment (formerly Newstart Allowance). These are the terms used to refer to Unemployment Benefit.
However, with the COVID-19 related temporary changes to JobSeeker, … Read the rest
Should the Australian government expand its JobKeeper payments to the foreign owned Virgin Airlines, so that they can still pay their 15,000 Australian workers?
The Australian Treasurer Josh Frydenberg, has stayed that more than a million casual workers, who have been with their employers for less than 12 months, and more than 2 million workers on temporary visas, are not included in the JobKeeper program, and that every million workers added … Read the rest
