2020-21 Federal Budget

Joshua Easton Tax

Introduction… Budgets should not be only about cold hard figures or politics, but about people and creating quality life choices. As a nation, we welcome large financial injections to increase business investment which is constantly argued as the foundation for the recovery and ongoing job creation. By shifting from emergency support to targeted spending, the budget will help employers get …

Part 2 — JobKeeper Payment Rules for Employers and Employees (20.04.20)

Joshua Easton Tax

The JobKeeper Payment will support employers to maintain their connection to their employees. These connections will enable business to reactivate their operations quickly — without having to rehire staff — when the crisis is over. Simplified outline The JobKeeper scheme starts on 30 March 2020 and ends on 27 September 2020. A business that has suffered a substantial decline in …

The FWC Decision 09.04.2020 — Two New Clauses

Joshua Easton Tax

The Fair Work Commission handed down its decision this morning on the two new clauses to be inserted in 103 modern awards in relation to COVID 19. We’ve added this to our COVID-19 Economic Support Measures and Resources 

What is the JobKeeper scheme? Fact Sheet and FAQ’s – Updated legislation that passed parliament 08/04/2020

Joshua Easton Tax

The JobKeeper scheme will help employers who qualify for the JobKeeper scheme retain staff during the downturn caused by the Coronavirus pandemic and support business recovery when conditions improve. Changes to the Fair Work Act 2009 will temporarily enable employers whom qualify for the JobKeeper allowance to have increased flexibility around employees’ hours of work. We’ve added this to our COVID-19 …

COVID-19 FWC Modern Awards Objective

Joshua Easton Tax

The Fair Work Commission intends to vary 104 awards next week to include 2 weeks unpaid pandemic leave and the option for employees to take annual leave at half pay. We’re providing to our members a copy of the Fair Work Australia statement dated 1st April, 2020 also the list of the awards to be varied.  We’ve added this to …

COVID-19 Early Childhood Education and Care Relief Package

Joshua Easton Tax

Around one million families are set to receive free child care during the coronavirus pandemic under a plan from the Federal Government that will help deliver hip pocket relief and help the early childhood education and care sector make it through to the other side of this crisis.  We’ve added this to our COVID-19 Economic Support Measures and Resources

$130 billion JobKeeper Payment to Keep Australians in a Job

Joshua Easton Tax

$130 billion JobKeeper payment to keep Australians in a job On 30.3.2020, it was announced The Federal Government will provide a historic wage subsidy to around 6 million workers who will receive a flat payment of $1,500 per fortnight through their employer, before tax. The $130 billion JobKeeper payment is aimed to keep Australians in jobs as employers tackle the …

Clerks Award Amendments — COVID-19

Joshua Easton HR/IR, Tax, WHS

On the weekend the Fair Work Commission amended the clerks flexibility provisions to insert a new schedule in regard to the COVID 19 Pandemic. The changes are from the first full pay period after the 28th March and expire 30 June unless extended. The changes in summary are: Ordinary hours of work have changed when working from home, they are …

Further Economic Support Measures — COVID-19

Bridget Parkinson Tax

The impacts of COVID-19 (also known as Coronavirus) continue to evolve across Australia and the rest of the globe. At bO2 we are highly focussed on the health, well-being and safety of our own staff, our customers and our stakeholders. The Federal Government’s announcement of further economic support measures, backing-up its 12 March stimulus package and the Reserve Bank of …

Cash Flow Assistance for Businesses

Joshua Easton HR/IR, Tax, WHS

Economic Response to the Coronavirus This assistance will support businesses to manage cash flow challenges and help businesses retain their employees. These two measures are designed to support employing small and medium enterprises and to improve business confidence. In addition, the wage subsidy for apprentices and trainees will help to ensure the continued development of the skilled workforce that employers …