On 8 April 2020, the Federal Government passed a package of Bills through both Houses of Parliament (which
received Royal Assent on 9 April 2020) to give effect to (amongst other things) the JobKeeper Scheme.
Subsequent to this, a Legislative Instrument was released by the Treasurer containing the detailed rules of the JobKeeper Payment. Refer to the Coronavirus Economic Response Package Payments and Benefits) Act 2020, the Coronavirus Economic Response Package Omnibus (Measures No. 2) Act 2020 and the Coronavirus Economic Response Package (Payments and Benefits) Rules 2020 (being the Legislative Instrument released by the Treasurer).
We can now provide a broad summary of the key aspects of the JobKeeper Payment, based on the above package of Bills, the Treasurer’s Legislative Instrument and updated information currently available on the Treasury website (refer to https://treasury.gov.au/coronavirus/jobkeeper)