JobKeeper wage subsidy to help part-time workers most

The most at-risk jobs are in the accommodation and food services sector. There are more than 95,000 businesses in this group of which the vast majority are small firms. But this group, along with general retail, will do the best out of the Morrison government plan. Of the nation’s 81,400 general sales assistants, 72 per cent are part time with an average weekly income of $451. The $1500 payment will actually boost their normal wage. Part-time kitchenhands, whose average wage is $469 a week, part-time waiters ($489 a week) and…

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‘Stunning’ move as AFL club bosses join ranks

He told The Age that the 18 senior club figures had taken a collegiate approach to ensure their survival. “The best thing that’s come out of this entire situation is the way the CEOs and the AFL have banded together. It’s been stunning,’’ Evans said yesterday. “It’s been completely the opposite to how it would usually be. Where you would protect the absolute intricacies of your program … this has been the complete opposite.” Reigning premiership CEO Brendon Gale will work alongside former colleague and now Carlton boss Cain Liddle…

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Best of cartoons, March 31, 2020

Best of cartoons, March 31, 2020 Skip to sections navigationSkip to contentSkip to footer 9 Images The news of the day as interpreted by our talented artists, illustrators and cartoonists. March 30, 2020 — 9.54pm 1/9 Dionne Gain 2/9 Andrew Dyson 3/9 Matt Golding 4/9 Matt Golding 5/9 Matt Golding 6/9 John Shakespeare 7/9 John Shakespeare 8/9 Andrew Weldon 9/9 Matt Golding Politics

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Calls for retention bonuses, protective equipment for disability workers

Loading “With limited access to personal protective equipment, low wages and an ageing workforce concerned for their own health and safety and the health and safety of their families, we risk seeing many leave the disability sector when they are needed the most,” Mr Williams said. Opposition NDIS spokesman Bill Shorten said the Morrison government needed to immediately extend an aged care-style retention bonus to disability workers. “Many of these workers are low paid, facing major risks from the coronavirus, and with the boost to the JobSeeker payment are earning…

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Real Footy podcast: AFL shutdown episode

Three flags over five years; premiers in 2007, 2009 and 2011. Geelong’s haul was an impressive one. But did the Cats reach their full potential? This week on the Real Footy podcast, Jimmy Bartel joins Michael Gleeson, Jake Niall and Caroline Wilson to talk about his brilliant AFL career, including the three premierships that Bartel believes got away. We get the inside word on Mark Thompson’s very brief instructions at quarter-time of the 2009 grand final that changed a game, and find out about the hardest game of football Bartel…

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Former big league corporate planner John Hennessy believes the unsustainable AFL has to plan for the ‘new normal’ and look ahead to 2100

“Each year for the last 50 years, there have always been several clubs – not always the same clubs – in financial difficulties. Their annual expenditure has significantly exceeded their income. “This is generally bad business management. But clubs chasing a flag or trying to keep up with the big clubs do silly things. Needs must.” In the 1970s, the $1 million Kerry Packer paid to stage World Series Cricket matches at VFL Park would be the salvation of poor clubs. “It was gone in a flash,” said Hennessy. Loading…

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Torquay Tiger Vlastuin keen to prowl again

Vlastuin is a keen surfer and he has been trying to get in the water to keep his fitness up but even that is proving difficult. The disregard of physical-distancing rules, with thousands laying on towels on top of one another at beaches, saw the car parks at his favourite surf spot at Point Addis closed. So he can barely get to the beach now, let alone get a wave. He doesn’t have weights or a gym at Torquay so he is stuck improvising with building materials in the backyard…

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Australian economy could take 22% hit from sutdown, says OECD

The OECD found in the case of Australia, economic activity would be sliced by 22 per cent once a widespread shutdown was put in place. The worst-hit nations would be Greece (a 35 per cent hit), Mexico (30 per cent) and Germany (29 per cent) while the least-affected would be Ireland (15 per cent). The report’s authors noted economies heavily dependent on mining or agriculture suffered the smallest impacts but even at 15 per cent, they were quite significant. “In all economies, the majority of this impact comes from the…

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Stephen Jones says Andrew Bragg’s super fund criticism ‘not helpful’

But Mr Jones defended Australia’s superannuation sector, which he said was “consistently in the top rankings” of global privately funded retirement systems. Loading “This is not helpful,” he said of Senator Bragg’s comments. “If it was unfair to expect the banks, the Prime Minister, the Treasurer and major Australian companies to expect a downturn of this magnitude, why is it reasonable to expect super funds to, whose whole methodology is investing for the long term?” He said super funds had returned an average of 6 to 8 per cent a…

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Scott Morrison announces ‘Jobkeeper’ wage subsidy scheme worth $130 billion

He said the stimulus and survival measures taken so far, equal to up to $330 billion, would help Australia avoid this fate. “It is never the time for rash and ill-considered decisions,” he said. “We still do not know the many other challenges that we will face.” Prime Minister Scott Morrison and Treasurer Josh Frydenberg announce the Jobkeeper payment.Credit:Alex Ellinghausen The Jobkeeper payment will be delivered through the Australian Tax Office. The payment will be a flat-rate of $1500 a fortnight for all employees laid off regardless of their salary.…

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