After the announcement over the weekend of closures of bars, restaurants, cinemas and the likes, thousands of Australians have found themselves low on work if not completely unemployed.
Before this pandemic, you would normally apply for Newstart, wait a certain amount and then start receiving payments to support you while you looked for work.
You would have to go in fortnightly to prove you’re looking for work and after a certain amount of time, you would be forced to work for the dole, if you wanted to continue receiving payments.
In light of the recent economic state, there have been a few changes to the payments and the process!
Newstart has doubled so instead of up to $550 per fortnight it’s now up to $1,100 from the 27th of April.
This is how you know if you’re eligible:
If you’ve lost a full time, casual or sole trader job then you can probably start receiving payments.
This will be paid to both existing and new recipients of the JobSeeker Payment, Youth Allowance jobseeker, Parenting Payment, Farm Household Allowance and Special Benefit.
“The Coronavirus supplement will be paid for the next 6 months. Eligible income support recipients will receive the full amount of the $550 Coronavirus supplement on top of their payment each fortnight,” reads a statement from The Treasurer.
Again pre-pandemic, you would have had your assets calculated, but now temporarily they are waiving the asset limit.
This is good news if you’re a partial or full home owner because it won’t affect whether you’re eligible for payments.
“If you are a casual and you still have some hours but your income has fallen below that $1,075 a fortnight you will get the supplement,” Treasurer Josh Frydenberg has stated.
If you’re self-employed, this rule will apply to you too!
The government has promised reduced waiting times and we believe they’re doing their best. Don’t take it out on any workers please.
You can apply online or through the app so there isn’t a need to wait in person!
For more information, go to the official website.