31 Mar $1,500 JobKeeper subsidy to keep staff employed
A subsidy of $1,500 per fortnight per employee, administered by the ATO, will be paid to businesses that
have experienced a downturn of more than 30% (50% for businesses over $1bn).
To be a part of the subsidy, employers will need to ensure that their employees receive at least $1,500
per fortnight (before tax).
There are two levels of eligibility; for employers and employees.