As measures taken to curtail the spread of the Covid-19 virus continue to affect enrolments with independent tertiary education providers, those that have experienced a substantial revenue downturn in revenue will to be able to access the JobKeeper payment through to 28 March 2021.
Key Issues —
Armed with the advice and guidance from its members, the Independent Tertiary Education Council Australia (ITECA) had been actively working with the Australian Government about the extension of the JobKeeper initiative through to end-March 2021. This was important in the context of widespread reports of large scale job losses across the vocational education and training sector, augmented by others in some independent higher education providers.
The Australian Government has responded to calls made not only by ITECA, but others in the business community by extending the JobKeeper scheme through to 28 March 2021.
Whereas the current JobKeeper payment for full-time employees is $1,500 per fortnight, from 28 September 2020 it will decrease to $1,200 per fortnight. It will decrease further to $1,000 per fortnight between 4 January 2021 to 28 March 2021.
To be eligible for the payment, from 28 September 2020, businesses, and not-for-profits will be required to reassess their eligibility by reference to their actual June and September quarter turnovers to demonstrate that they have suffered an ongoing significant decline in turnover.
Organisations will need to demonstrate that they have experienced the relevant decline in turnover in both of those quarters to be eligible for the JobKeeper payment in the December quarter.
Employers will need to again reassess their eligibility for the JobKeeper payment for the March quarter. Employers will need to demonstrate that they have met the relevant decline in actual turnover in each of the previous three quarters ending on 31 December 2020 to remain eligible for the JobKeeper payment in the March quarter 2021. If they do not meet the turnover test in the extension period this does not affect their eligibility prior to 28 September 2020. The continuation of JobKeeper for these businesses will help support the economic recovery and provide them with sufficient time to adjust.
“This is welcome news for independent tertiary education providers that have been struggling to survive in the face of depressed enrolments and revenues. The JobKeeper extension means that the capability within these education and training organisations will be able to retain the capacity required to support a skills-based economic recovery,” said Troy Williams, ITECA Chief Executive.
ITECA will continue to work with the Australian Government on other measures that will support independent tertiary education providers during the Covid-19 crisis.
Getting Involved —
ITECA’s ability to play a lead role in matters associated with this issue rests on the advice and guidance of individuals serving on ITECA State Committees. ITECA Membership – It's a great time to get involved.
Further Information —
If you're an ITECA member and would like more information on this matter, the ITECA team would value the opportunity to talk to you. Simply send an email to email@example.com or telephone 1300 421 017. Stay up to date via Twitter, Facebook and LinkedIn.
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