Next Stimulus Payment Australia
Australia unveiled a a 17 6 billion 11 4 billion fiscal stimulus package geared toward the second quarter as it tries to buttress the economy from the coronavirus outbreak that threatens to end.
Next stimulus payment australia. Australian government stimulus payments to households to support growth fact sheet treasury march 2020. The federal government has just announced two new stimulus payments of 250 for pensioners and commonwealth seniors health card holders in december 2020 and march 2021. The first 750 payment will be made from 31 march 2020 to 17 april 2020 to people who will have been on one of the eligible payments any time between 12 march 2020 and 13 april 2020.
Changes to the jobkeeper payments were announced on 7 august 2020 to alter the reference date for employee eligibility and make it easier for organisations to qualify for the jobkeeper payment extension. The second 750 payment will be available to those eligible for certain payments and concession card holders on 10 july 2020. 16 march government announces a 607m stimulus package including 402m to freeze household fees and charges until at least july 2021.
Certain australians will get 750 cash payments as part of the morrison government s 17 6 billion coronavirus stimulus package. If you are a self funded retiree and don t have a cshc card you could be eligible due to changes to deeming rates. The changes to the jobkeeper wage subsidy payment and the jobseeker unemployment supplement are designed to protect the economy and livelihoods as australia faces its first recession in 30 years.
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