Eligible businesses have got the Job Keeper payments extended till 28th of March 2021 with the payments reduced after 28th of September 2020 as follows:
Job Seeker and other Corona Virus supplement recipients:
You’ll receive a fortnightly $550 coronavirus supplement until 24 September 2020
From 25 September until 31 December 2020 the fortnightly coronavirus supplement will be $250. During this period, JobSeeker recipients will also be able to earn up to $300 a fortnight before it reduces their payments.
Early access to super
Coronavirus If you are eligible the application is now extended till 31st of December 2020 you will be eligible if any of the following applies to you:
Please note: that would have a significant impact on your retirement savings given that the share markets are at low levels and the number of years this money is likely to be invested and earning yields in other words it has a compounding impact on your retirement savings.
HomeBuilder gives eligible owner-occupiers, including first home buyers, a grant of $25,000 to build a new home or substantially renovate an existing home.
HomeBuilder grants are available during the second half of 2020. The building contract must be signed between 4 June and 31 December 2020, with construction to start within 3 months of signing.
More information on The Treasury website.