JobKeeper and JobSeeker

Adrian Rasmussen • April 2, 2020

The Federal Government has announced the introduction of a new JobKeeper Payment of $1500 per fortnight to subsidise eligible employers and self-employed individuals.

It will be facilitated by the ATO (not Centrelink) and will be made available to businesses, including sole traders, who have either had to close their doors, or have taken a hit to revenue of 30% or more due to the Coronavirus (or 50% or more if your revenue is usually over $1 billion).

Please note – Job Keeper is different to Job Seeker .

Importantly, much of the detail is still being finalised by the Government. Legislation is expected to be put before parliament next week. There are still many issues to be ironed out around casual worker entitlements, tax withholding, super guarantee, comparative periods for demonstrating revenue loss and more.

We understand how frustrating it can be, and know that many of you, both businesses and individuals, are anxiously awaiting clear details. Every individual and every business will be different in terms of what will be the best way forward with Coronavirus stimulus payments, and for some (like those in the rural sector) there may be interaction with drought support as well.

Please call us to talk through your circumstances and ask your questions.  We are recording the common questions and asking our researcher and legal advisors to follow through with any unresolved questions so that we can assist you as soon as possible.

 

 

 

 

 

 

 

 

 

 

 

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By BMO June 30, 2026
After an incredible career dedicated to supporting regional businesses, farming families and rural communities, BMO Business Centre Partner Adrian Rasmussen will officially retire from the partnership effective 30 June 2026. For many across the Western Downs and beyond, Adrian has been far more than an accountant or advisor. Over decades in business, he has built trusted relationships grounded in honesty, loyalty and a genuine understanding of regional life and the people who live it. Adrian’s connection to the country and agriculture has always been at the heart of who he is. He has worked alongside generations of farming families and business owners through seasons of growth, challenge and change, becoming a steady and respected presence for clients, colleagues and the wider community alike. Reflecting on his time at BMO, Adrian said the relationships formed throughout his career have been among the most rewarding parts of the journey. “It has been a privilege to work with so many wonderful people over the years; not only clients, but colleagues and communities who have become lifelong friends,” Adrian said. “Regional communities are built on relationships, trust and supporting one another, and I’m incredibly grateful to have been part of that throughout my career.” BMO Business Centre Managing Partners Kelvin Tyler and Michelle McVeigh said Adrian’s contribution to both the business and the region would leave a lasting legacy. “Adrian has played an incredibly important role in shaping BMO into the business it is today,” they said. “His care for clients, commitment to regional communities and calm, practical approach have earned enormous respect across our industry and the communities we serve. While we will certainly miss having him in the office, we are excited for Adrian and his family as they enter this next chapter.” While stepping away from the partnership, Adrian is looking forward to spending more time with family, on the farm and enjoying a well-earned change of pace after many years dedicated to supporting others. Everyone at BMO Business Centre extends their sincere thanks to Adrian for his years of service, friendship and leadership, and wishes Adrian and his family all the very best for the future.
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