{"id":259471,"date":"2020-06-11T14:46:22","date_gmt":"2020-06-11T04:46:22","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=259471"},"modified":"2020-07-10T12:44:12","modified_gmt":"2020-07-10T02:44:12","slug":"jobkeeper-worth-millions-to-region","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2020\/06\/11\/jobkeeper-worth-millions-to-region\/","title":{"rendered":"JobKeeper Worth Millions To Region"},"content":{"rendered":"<figure id=\"attachment_258062\" aria-describedby=\"caption-attachment-258062\" style=\"width: 740px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"size-full wp-image-258062\" src=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/brettotto.jpg\" alt=\"\" width=\"740\" height=\"460\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/brettotto.jpg 620w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/brettotto-300x186.jpg 300w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/brettotto-263x163.jpg 263w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/05\/brettotto-285x177.jpg 285w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><figcaption id=\"caption-attachment-258062\" class=\"wp-caption-text\">South Burnett Mayor Brett Otto says he&#8217;s pleased to hear that more than 800 local businesses have signed up for the Federal Government&#8217;s JobKeeper program<\/figcaption><\/figure>\n<p><strong>June 11, 2020<\/strong><\/p>\n<p>The Federal Government&#8217;s JobKeeper wage subsidy scheme is worth at least $2.5 million a month to the South Burnett, and likely very much more.<\/p>\n<p>There have been almost 360 applications for the payment in Kingaroy, although the actual number of employees this represents in unknown.<\/p>\n<p>The town with the next largest number of applications is Nanango, followed by Murgon (see Table, below).<\/p>\n<p>The figures come from data released by Treasury on Thursday which shows the number of applications the ATO received for the JobKeeper program in April, broken down by postcode.<\/p>\n<p><strong>According to Treasury, there are 819 South Burnett employers currently receiving the JobKeeper subsidy.<\/strong><\/p>\n<p>If they were all sole traders, this would equal a Federal Government wage subsidy of almost $2.5 million per month.<\/p>\n<p>However, as many of the applications could cover multiple employees, the true figure is likely to be much higher.<\/p>\n<p>In April, South Burnett Mayor Brett Otto urged all eligible South Burnett businesses to apply for the subsidy before applications closed at the end of May.<\/p>\n<p>He said it had the potential to inject many millions of dollars into the region&#8217;s economy.<\/p>\n<p><strong>The JobKeeper payment was introduced at the height of Australia&#8217;s COVID-19 outbreak in an effort to &#8220;put a floor&#8221; under the economy.<\/strong><\/p>\n<p>Eligible employers and sole traders could apply to receive $1500 per employee per fortnight, paid by the Australian Taxation Office, to keep workers on their payroll.<\/p>\n<p>About 160,000 Queensland businesses signed up to the scheme, along with another 724,000 around the rest of the nation.<\/p>\n<p>Treasury estimates JobKeeper now covers 3.5 million Australians.<\/p>\n<p>The JobKeeper program is scheduled to run until September 27, although Finance Minister Mathias Cormann confirmed on Monday there is currently a review by Treasury under way.<\/p>\n<figure id=\"attachment_259504\" aria-describedby=\"caption-attachment-259504\" style=\"width: 740px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"size-full wp-image-259504\" src=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/06\/20200611jobkeeper1.jpg\" alt=\"\" width=\"740\" height=\"363\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/06\/20200611jobkeeper1.jpg 620w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2020\/06\/20200611jobkeeper1-300x147.jpg 300w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><figcaption id=\"caption-attachment-259504\" class=\"wp-caption-text\">South Burnett JobKeeper applications by postcode &#8211; each application may cover one or more people<br \/>(Data source: Treasury)<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Government&#8217;s JobKeeper wage subsidy scheme is worth at least $2.5 million a month to the South Burnett, and likely very much more <\/p>\n","protected":false},"author":3,"featured_media":258062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,22,1455,3],"tags":[1131],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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