Parliament passed legislation yesterday authorising introduction of the “JobKeeper” scheme which will provide a payment to employers of $1,500 per fortnight per eligible employee.

The legislation gives power to the Treasurer to make rules to provide for payments under the scheme which will be administered by the ATO. The rules, initially released by Treasury on their website, have now been removed and it is unclear when they will be released. Given the urgency of the scheme we expect this will occur in the coming days.

Current guidance on the JobKeeper scheme can be found in the fact sheet and frequently asked questions provided by Treasury which can be accessed here.

We will provide further updates on the rules of the scheme once these have been released.

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Last updated 09/04/2020