Prime Minister Scott Morrison has announced a series of changes going forward with future JobSeeker and JobKeeper payments.
While discussing the current health and economic crisis of COVID-19, especially with the rapid spikes in Victoria, Scott Morrison announced that the response will require an extension on JobSeeker and JobKeeper payments beyond September this year.
#JobKeeper will be extended by six months to the end of March next year and the temporary supplement for those on income support will also be extended until the end of the year, we’ve just announced #auspol #breaking pic.twitter.com/QfA4lLte0Y
— Scott Morrison (@ScottMorrisonMP) July 21, 2020
JobKeeper will be extended until March 2021, but at a much lower rate than the current $1500-a-fortnight scheme. The new rate after September will remain at $1200 a fortnight.
In the 2021 March quarter, the payment will further decrease to $1000 and $650.
From September, those on JobSeeker can earn up to $300 without it affecting JobSeeker payments, with the COVID supplement being reduced to $250 per fortnight from $550 until the end of 2020.
Mr. Morrison also said that it will be likely that JobSeeker supplements will remain after December this year, however, the JobTrainer skills training scheme will apply to the mutual obligation required.
The Prime Minister says that JobKeeper has provided $30 billion dollars to almost one million businesses and 3.5 million employees.
“It has been well-targeted and effective in stemming business closures, it’s saved businesses and livelihoods,” says Mr. Morrison.
“The report recommends that we should continue and we shall, but it needs to be in a way that’s responsive to the circumstances.”
Mr. Morrison says that JobKeeper will find its levels with businesses and employees across the country, as there will continue to be companies that will be affected heavily.