The Federal Government has extended the JobKeeper payment by a further six months to March 2021.
Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by the coronavirus.
The payment rate will be reduced and a lower payment rate will be introduced for those who work fewer hours.
The payment rate of $1,500 per fortnight for eligible employees and business participants will be reduced to $1,200 per fortnight from 28 September 2020 and to $1,000 per fortnight from 4 January 2021.
From 28 September 2020, lower payment rates will apply for employees and business participants that worked fewer than 20 hours per week in the relevant reference period.