Free Subscription

  • Access 15 free news articles each month

Professional

Try one month for $5
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • Exclusive Masterclass access. Part of Retail Week 2021

What JobKeeper cuts mean for retail

Many retailers are anxious about the impact of losing JobKeeper in March. Image: Bigstock.
Businesses are now two weeks into the second JobKeeper extension period, the final phase before the scheme wraps up on March 28, with no sign of another extension or alternative offer in sight. In an attempt to wean struggling businesses off supports, payments have been reduced to $1000 a fortnight for employees working over 20 hours a week, and $650 for those who work less than that. In the December quarter, $7 billion was handed out through the JobKeeper scheme, according to Federal treasurer

Masterclasses are for professionals only

Only $5 p/m for first 3 months
Become a Professional Already a professional? Login
  • Daily exclusive Members Only content straight to your inbox
  • Access to exclusive Retail Week events including all 4 Masterclasses 28 February - 3 March
  • Retail insights and intelligence
  • On-demand videos with industry professionals
  • Weekly careers advice specific to retailers
  • Independent research reports and forecasts
  • Q&A with industry experts
  • Content, content, content! Weekly and quarterly magazines