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Showing 61 - 70 of 113 results for "JobKeeper"

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
... wages growth slowed from 2.2% to 1.7%. Public sector wages slowed from 2.4% to 2.1%. Better still, as the ABS notes, "...JobKeeper payments to eligible employees falls out of scope of the Wage Price Index". Our employers have done good by us! Well ok ...

BGH Capital closes in on theme park deal

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
... Victoria are currently closed and its theme parks in Queensland are operating at a 50% capacity. It is currently relying on JobKeeper to maintain employment. The chair of the independent committee of Village Roadshow Directors (IBC) Peter Tonagh said ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
... it suffers Melbourne's fate. In response, the Morrison government is disbursing an extra A$15.6 billion for the JobKeeper scheme, taking the total cost of the programme to A$102.2 billion this financial year. Needless to say, this will raise the ...

Cyber criminals jump on ERS

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
... Reports of cybercrime increased significantly after the government announced the Early Release of Superannuation (ERS) and JobKeeper schemes, according to the Australian Competition & Consumer Commission. ACCC chair Rod Simms told the joint committee ...

Government introduces pandemic payment

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
... payment for workers in Victoria that do not have sick leave left or are not receiving payments through the existing JobKeeper or JobSeeker. The disaster payments come after Victoria was placed in a stage four lockdown that will see thousands of non-essential ...

Financial comfort reliant on fiscal support: ME Bank

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... financial comfort to a combination of prudent financial actions by households in response to the pandemic as well as JobKeeper, JobSeeker and the Early Release of Super scheme. Almost all 11 measures that make up the Household Financial Comfort Index ...

Insurers COVID-19 response slammed

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
... financial services law principal Josh Mennen said the FSC's extension doesn't go far enough. "It's only after JobKeeper ends that we will see the full impact of unemployment as a result of COVID-19," Mennen said. He said it doesn't make ...

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... on amounts released and the money they withdraw will not affect Centrelink and Veterans' Affairs payments, or the JobKeeper Payment. "While superannuation helps people save for retirement, the government recognises that for those significantly financially ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... support beyond September, with Prime Minister Scott Morrison announcing an extension to the stimulus support package. JobKeeper is set to be extended until March 2021 and has been reduced to $1200 per fortnight, down from $1500, and restructured into ...

Chief economist update: Haste makes Budget waste

BENJAMIN ONG  |  TUESDAY, 21 JUL 2020
... March to September) extended for another six months (to March 2021). As Factset reports: "The government will extend the JobKeeper wage subsidy program from September to March 2021 but at lowered payment of A$1200 per fortnight (from A$1500). The scheme ...