The Government has extended the Wages Subsidy as at 10 June 2020 to support employers affected by COVID-19.
the business must have had, or expect to have, a revenue loss of at least 40 percent for the 30 days before you apply, compared to the closest period last year.
It will cover 8 weeks per employee from the date you submit your application.
It will be paid to you as a lump sum at the same weekly rate as the Wage Subsidy.
You'll need to agree to certain obligations, such as to:
- pass the subsidy on to your employees
- retain your employees for the duration of the subsidy
- do your best to pay your employees at least 80% of their normal pay
- take active steps to mitigate the impact of COVID-19 on your business.
See the Work and Income website for the full criteria and how to apply for the Wage Subsidy Extension.