JobKeeper 2.0 | Extension Legislation passes Parliament – What Are the New Changes?

Parliament has signed-off on the JobKeeper 2.0 extension, which introduces a new fortnightly payment scheme for participants from 28 September 2020 to 28 March 2021. We’ve hightlighted the new changes introduced as part of JobKeeper 2.0, and outlined what businesses need to know and undertake at each extension period. What Employees & Business Participants will Receive? Employees Under the legislated changes to the Extended Scheme, JobKeeper 2.0 will contain a two-tier payment scheme, dependent on the number of hours an employee has worked during the relevant reference period. The reference period is the four weeks of pay periods before either 1 March 2020 or … Continue reading JobKeeper 2.0 | Extension Legislation passes Parliament – What Are the New Changes?