Prime Minister, Scott Morrison insists that JobKeeper changes will be beneficial to more than just the COVID-19 stricken state of Victoria, following today’s National Cabinet meeting.
The JobKeeper scheme has been given an extra $15 billion in funding making an accumulative $100 billion from the Commonwealth.
To accommodate for the Victorian wave, legibility requirements have been changed.
Businesses will only be required to show a turnover fall over one quarter, rather than multiple quarters to be eligible for the March 2021 extension.
The second change applies to the date that workers were employed to be eligible for JobKeeper, the date has been moved forward from March 1 to July 1.
Over 500,000 extra employees from Victoria are said to be eligible to join the 1.5 million Victorians using the JobKeeper with these two changes.
Mr Morrison however, says that these changes will benefit the entire country, noting the continuing struggle of many businesses across the nation.
“The pandemic is still out there,” he says.
The National Cabinet is working on a second roadmap out of COVID-19, with Mr Morrison saying that he looks forward to planning and unveiling this to the public.
The current overall commitment by the Commonwealth towards emerging out of the pandemic is now said to be $300 billion across the nation.