Commercial & Business, Employment & Health and Safety, Insights

COVID-19 UPDATE – Wage Subsidy Extension

COVID-19 UPDATE Alert level 3
20 May

Wage Subsidy Extension

On 14 May the Government announced the Wage Subsidy Extension scheme as part of its COVID-19 Response and Recovery Fund. The scheme will be available for all employers, including sole traders.

The scheme is open for applications from 10 June until 1 September 2020.

Under the scheme, employers will receive a lump sum 8-week payment per named employee. The same weekly payment rates have been used for the Wage Subsidy Extension. They are:

  • $585.80 (gross) per week for full-time employees, where full-time is 20 hours or more per week,
  • $350.00 (gross) per week for part-time employees, where part-time is less than 20 hours per week.
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