WHAT IS CHANGING IN CORONAVIRUS SUPPORT? JOBKEEPER * The $1500 fortnightly wage subsidy will continue until September 27 * From the end of September to January, JobKeeper will be reduced to $1200 for full-time workers and $750 for people working 20 hours or less * From January to March, the full-time rate will be $1000 and part-time will reduce to $600 * Businesses turning over less than $1 billion will have to requalify for the program at both stages through showing a 30 per cent drop in revenue. * Businesses with more than $1 billion in turnover have to demonstrate a 50 per cent fall JOBSEEKER * The elevated unemployment benefit will remain at $1100 a fortnight until September 27 * From that date until the end of the year the $550 coronavirus supplement will be cut by $300 to make the overall fortnightly payment $800 * People will be able to earn up to $300 without having their payment reduced * The mutual obligation rules requiring people to search for four jobs a month will restart on August 4 * Penalties for people refusing a job offer will be reintroduced * Job search requirements will increase in September when the assets test will also return * The permanent JobSeeker rate to take effect from January next year will be announced in the October 6 budget. Australian Associated Press
