Australian Prime Minister Scott Morrison has addressed the nation and explained the upcoming changes to the JobKeeper program.
From October, the JobKeeper wage subsidy for full-time workers will be reduced to $1200 a fortnight, while part-time workers will go down to $750 a fortnight. This replaces the previous $1500 fortnightly payment.
JobKeeper has been extended until March 2021, but for the last quarter it will be reduced to $1000 for full-time workers and $650 for part-time.
A part-time worker is someone with 20 hours of work a week or less.
The JobSeeker COVID-19 supplement will drop from $550 to $250 a fortnight. Australians on this program will receive $800 a fortnight from October.
Have a listen to all the details here including changes to both JobKeeper and JobSeeker:
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