JobSeeker and other support.
The Coronavirus supplement will continue, albeit on a reduced rate of $250 per fortnight (from $550), from 25 September until 31 December 2020 for eligible individuals.
- From 27 April to 24 September 2020 you will receive $550 per fortnight
- From 25 September to 31 December 2020 you will receive $250 per fortnight
Eligibility remains the same. That is, those receiving:
- JobSeeker Payment (and all payments transitioning as a result of JobSeeker Payment)
- Youth Allowance
- Parenting Payment (Partnered and Single)
- ABSTUDY Living Allowance
- Farm Household Allowance
- Special Benefit
- Eligible New Enterprise Incentive Scheme participants
- Department of Veterans’ Affairs Education Schemes
Note: eligibility criteria and some of the tests for access to income support is changing.
Eligibility and access
The expanded eligibility criteria for the Jobseeker Payment and the Youth Allowance Jobseeker will continue to apply until 31 December 2020:
- Permanent employees who have been stood down or lost their jobs (and are not receiving payments from an employer or through insurance),
- Sole traders, the self-employed, casuals or contractors who meet the income and assets tests.
In addition, if you receive JobSeeker or Youth Allowance payments, the amount you can earn before impacting income support has been increased to $300 per fortnight from 25 September 2020 until 31 December 2020. However, a number of restrictions have been reintroduced.
Reintroduction of assets and partner income tests
From 25 September 2020, the assets test and the Liquid Assets Waiting Period (applies to those with assets such as cash savings worth over $5,500 for singles or $11,000 for singles with children and partnered people) will be reintroduced for access to income support payments.
In addition, partner income testing will resume from 25 September, albeit with higher thresholds than those pre coronavirus. That is, you will not be eligible for income support if you are not earning an income but your partner earns $3,086.11 per fortnight or $80,238.89 per annum. The partner income test taper rate will increase from 25 cents for every dollar of partner income earned over $996 per fortnight to 27 cents for every dollar of partner income earned over $1,165 per fortnight.
Reintroduction of job seeking requirements
Job seeking requirements that were suspended from 24 March 2020 have been introduced from 9 June 2020. The mutual obligation requirements include:
- Voluntary job searches
- At least one phone or online appointment with a jobseeker’s employment services provider
- Voluntary participation in activities, either online or in person, and
- No payment suspensions or penalties for failure to comply.
Waiting periods continue to be waived
Some waiting periods for access to income support will continue to be waived until 31 December 2020:
- The one-week ordinary waiting period is waived.
- The newly arrived resident’s waiting period for new migrants (previously four years). Claimants will still need to meet residency requirements, that is they will need to hold a permanent visa. Affected claimants will need to serve the remainder of this waiting period at the end of the period the Coronavirus Supplement is paid for.
- The Seasonal Work Preclusion Period for those who are eligible for the Coronavirus supplement -this applies to those who finished seasonal, contract or intermittent work in the six months prior to claiming income support.
Further, if you need assistance regarding any of the Governments stimulus packages please get in touch with our team by phone 02 9415 1511 or email email@example.com.