Jobkeeper payment scheme extended, with entity eligibility rules modified and quantum of fortnightly payment reduced | Practical Law
On 21 July 2020, the federal government announced it will extend the jobkeeper payment scheme until 28 March 2021, subject to key modifications to employer entity eligibility and the quantum of the fortnightly payment. The extension of the jobkeeper payment scheme beyond 27 September is expected to require legislative amendments once the federal Parliament resumes from 24 August 2020. Practical Law is continuously monitoring all new developments and will update relevant content as and when the anticipated amending legislation and related instruments are passed or made.