This fascinating piece has some interesting insights. It’s called Changes to laws, tax, restrictions, rules, incentives coming in from January 1, 2021.
It’s got plenty of useful information. Here’s one that we found particularly useful:
From January 4 until March 28, 2021, the payment will drop from $1200 to $1000 for full-time workers and from $750 to $650 per fortnight for part-time employees, after being cut from around $1500 a fortnight back in September. The JobKeeper stimulus was introduced to provide support for businesses who faced financial losses to be able to pay their employees and keep them in jobs.
To learn more, take a look at the rest of the article at this link to News Corp. Australia.
Download the slides used in our budget recap webinar HERE https://www.youtube.com/watch?v=WkbYSPhlB6c
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