Mesaimie Pty Ltd 
Login Click here to Join
You are here: Home > Practice News > Convid 19 Economic Stimulus Package > Convid 19 Economic Stimulus Package UPDATE 30th March 2020

Convid 19 Economic Stimulus Package UPDATE 30th March 2020

The Federal Government has announced a new $1500 per fortnight payment for employees of businesses who are suffering a downturn.

Any small business whose turnover has fallen by 30% or more will be eligible. 

Eligible employees include

  • Full time workers
  • Part time workers
  • Casuals employed for over 12 months
  • Sole traders
  • Not for Profit

The payments will be made by the ATO to employers to pass onto their employees 

Any employee who was on the books as at the 1 March 2020. 

Payments will flow from 1 May 2020 and be backdated to 30th March 2020.

Employees who have previously been stood down will still be eligible.

To register your interest go to

Employers must be using single tough payroll (STP) system to be eligible.  If you are not yet using STP get in touch with us to get registered today.

Job Keeper Information for Employers

Job Keeper Information for Employees

This article is not a substitute for independent professional advice. We do not warrant the accuracy, completeness or adequacy of the information or material in this article. All information is subject to change without notice. We and each party providing material displayed in this article disclaim liability to all persons or organisations in relation to any action(s) taken on the basis of currency or accuracy of the information or material, or any loss or damage suffered in connection with that information or material. You should make your own enquiries before entering into any transaction on the basis of the information or material in this article. Please ensure you contact us to discuss your particular circumstances and how the information provided applies to your situation.

Back Email a Friend View Printable Version
eknowhow | The World's Best Websites
Privacy Policy and Disclaimer