JobKeeper Payments
The government has announced the JobKeeper Payment. To register for updates, visit JobKeeperPayment.
Early release of superannuation
From mid-April, eligible individuals will be able to apply online through myGov to access up to $10,000 of their superannuation before 1 July 2020. They will also be able to access up to a further $10,000 from 1 July 2020 until 24 September 2020.
Individuals will not need to pay tax on amounts released and the money they withdraw will not affect Centrelink or Veterans’ Affairs payments.
You are eligible to access your superannuation if you meet any of the following criteria:
- You are unemployed.
- You are eligible to receive a job seeker payment, youth allowance for jobseekers, parenting payment (which includes the single and partnered payments), special benefit or farm household allowance.
- On or after 1 January 2020, either
- you were made redundant
- your working hours were reduced by 20% or more
- your business was suspended or there was a reduction in your turnover of 20% or more, if you are a sole trader.
For more information please feel free to contact with us.
Address: Suite 19/328 Albany Hwy, Victoria Park, WA 6100, Australia
E-mail: enquiries@swanpartners.com.au
Phone: (08) 6162 9808