On 30 March 2020, the Australian Government announced a 3rd set of economic response to COVID-19 in addition to the initial two stimulus packages announced earlier in March 2020. The latest stimulus package to COVID-19 introduces a JobKeeper Payment which sees to benefit affected workers, businesses and the broader community. Read the JobKeeper payment summary here.
Re-contributing COVID-19 early release super withdrawals
If you withdrew money from your super fund through the COVID-19 early release of super program, you may be eligible to make re-contributions, that is excluded from the non-concessional contribution caps, back to your super. It is only necessary to choose to have a...