Kiwis living in Aussie able to get coronavirus financial aid

The payment is being called the Job Keeper Payment, and will be paid fortnightly at a rate of $1500.

In a press conference on Monday afternoon, Morrison announced the biggest financial assistance package Australia has ever seen, accepting that "some will say it is too little" and some will "say it is too much".

Morrison has pledged AU$130 billion over the next six months to help Australians who have found themselves out of work.

The wage subsidy is a flat payment of $1,500 per employee per fortnight, which Treasurer Josh Frydenberg said represented 70% of the Australian median wage and 100% of the median wage in the industries most seriously affected by the coronavirus, including hospitality, retail and tourism. For businesses with turnovers of more than $1 billion, they will have had to take a hit of 50% or more.

The scheme will be open to Kiwis on "special category visas" - nearly every New Zealander who has moved to Australia without upgrading to citizenship.

"We want to keep the economy running through this crisis, it may run in idle for some time, but it must run", Scott Morrison said.

Gary is required to advise his employees that he has nominated them as eligible employees to receive the payment.

The new program includes full time, part time employees and sole traders, as well as casuals who have been with the company for more than 12 months.

Asked if there would be other exceptions - such as for Pacific workers on temporary visas - Morrison said that some others "are under consideration but for now the short answer to that is no".

"Our scheme is uniquely Australian, with every eligible employee receiving the same wage subsidy".

Employers will pay employees as usual and payments will be made to the employer monthly in arrears by the Australian Tax Office.

The scheme is similar to New Zealand's subsidy scheme, which is $585.80 per week for full-time workers and $350 for part-time workers, paid in a lump sum over seven weeks.

"New Zealanders on 444 visas don't get access to the welfare system, but they are getting access to this JobKeeper payment", he said.

Those already stood down due to the coronavirus crisis are eligible, encouraging employers to put them back on the books.

The payments to employers will start on 1 May, and will be backdated until 1 March, which is the cutoff date for eligibility.

What if my employer keeps the money?

Under changes made on Monday, people will be eligible for job-seeker payments unless their partner earns $79,762 or more.



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