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Search ResultsShowing 1 - 10 of 63 results for "JobKeeper"
Super fund boss remuneration on the agenda
KARREN VERGARA, ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... reducing bonuses. Elia said that "we are getting on with the job" and that the super fund has not put its hand up for JobKeeper. "[Ultimately] we are focused on continuing to work for the benefit of our members. Certainly our industry has not been impacted. ...
Chief economist update: Is Dan still the man?
BENJAMIN ONG  |  TUESDAY, 8 SEP 2020
... unemployed since March this year. Job losses would have been so much more had it not been for the federal government's JobKeeper programme. The Commonwealth government's JobKeeper scheme will reduce payments from A$1500 a fortnight to A$1200 ...
Official recession not that scary: Economists
ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... significant 42% increase in social assistance benefits (welfare payments) and 22% increase in gross mixed income (boosted by JobKeeper), while compensation of employees (wages) only saw a fall of 2.2% (also supported by JobKeeper)." The focus should ...
JobKeeper extension passed
ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
The government's JobKeeper extension has been passed through parliament, prolonging the payments through till March 2021 and tapering the amount from December 2020. A new split system will replace the flat $1500 fortnightly payment with those who work ...
Pandemic heightened need for SG increase: ASFA
ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... employer superannuation contributions as a result of the economic effects of COVID-19. ASFA said while the provision of JobKeeper payments to businesses that have experienced a downturn in revenue have kept many businesses solvent, once the program ceases ...
Chief economist update: Gone fishing
BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... Representatives Standing Committee on Economics on August 14, he offered a different prescription. "Give man a fish" - JobKeeper, JobSeeker, Backing Business Initiative, HomeBuilder initiative - "and you feed him for a day" (these schemes have limited ...
ATO implements JobKeeper changes
ELIZA BAVIN  |  THURSDAY, 20 AUG 2020
The Australian Taxation Office (ATO) has implemented changes to the JobKeeper employee eligibility rules following the government's announcement the scheme would be altered. The changes mean employers already enrolled in JobKeeper may be able to receive ...
How to make sense of reporting season
ALLY SELBY  |  TUESDAY, 18 AUG 2020
... operating environment will last is not clear to management teams or investors." Government stimulus packages, such as JobKeeper, make it increasingly difficult to make sense of reporting season, Wilsons said, with companies free to disclose assistance ...
LNP halts push for SG rise
ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... growth . Additionally, Morrison commented on the suggestion that profitable companies should be allowed access to the JobKeeper scheme and pass the profits onto shareholders. "Well, we obviously want the income support that we have been providing through ...
Cash earnings fall, MLC sale pending: NAB
ALLY SELBY  |  FRIDAY, 14 AUG 2020
... approximately 10% of total deferral balances and 20% of NAB's total book. Of these deferred customers, 47% are receiving JobKeeper payments, of which 31% are in property-related or consumer facing businesses.
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