Jobkeeper notice

Listed entities are required to give a notice to the market operators that discloses the amount of jobkeeper payments they (and their subsidiaries) received and voluntarily repaid for each financial year (jobkeeper notice). Listed entities are required to give a jobkeeper notice even if they have already included information about jobkeeper payments in their accounts.

Jobkeeper payments are a wage subsidy scheme for businesses significantly affected by COVID-19. Jobkeeper payments ended on 28 March 2021.

The jobkeeper notice obligations commenced on 14 September 2021, requiring all listed entities that received jobkeeper payments to provide a notice to their market operator outlining the following information for the financial year:

  • the listed entity’s name and Australian Business Number (ABN)
  • the number of individuals for whom the entity or its subsidiaries received jobkeeper payments each jobkeeper fortnight that ended in the financial year
  • the total amount of jobkeeper payments the entity and its subsidiaries received in a jobkeeper fortnight that ended in the financial year
  • whether or not the entity or its subsidiaries made voluntary repayments of jobkeeper payments, and the total amount of those repayments if they did.

How to give notice

Listed entities are encouraged to use the template notice below and give it to their relevant market operator (i.e. ASX, NSX or SSX). For specific guidance on how to complete the template notice, refer to guidance.

The notices are due 60 days from 14 September 2021 for listed entities that have already lodged their annual financial reports for the financial year with ASIC. For those listed entities that have not yet lodged their annual financial reports, the notices are due 60 days from when their annual financial report is lodged with ASIC.

Access template notice

Jobkeeper consolidated report

ASIC is required under section 323DC to publish a consolidated report (jobkeeper consolidated report) of all the jobkeeper notices that have been given to the market operators under section 323DB and released to the market.

ASIC will publish a jobkeeper consolidated report for each month. When compiling the jobkeeper consolidated report, ASIC extracts the information from the jobkeeper notices released to the market, but does not verify the accuracy of that information.

Download

 

 

 

 

What's new

ASIC calls on Australian CEOs to review whistleblower policies

13 October 2021

ASIC has written to CEOs of public companies, large proprietary companies and trustees of registrable superannuation entities urging them to review their whistleblower policies to ensure they comply with the law.

ASIC to further extend financial reporting deadlines for listed and unlisted entities and amends ‘no action’ position for AGMs

13 May 2020

ASIC will extend the deadline for both listed and unlisted entities to lodge financial reports under Chapters 2M and 7 of the Corporations Act by one month for certain balance dates up to and including 7 July 2020 balance dates.

Reminders on director trading during COVID-19

7 May 2020

Considerations for directors (including directors of the responsible entity of a listed managed investment scheme) regarding the acquisition and disposal of securities and other financial products issued by their listed entity.

ASIC guidelines for investor meetings using virtual technology

6 May 2020

On 6 May 2020, temporary modifications to the Corporations Act under the Corporations (Coronavirus Economic Response) Determination (No. 1) 2020 (Determination) took effect. Read more.

Directors duties in the context of COVID-19

20 April 2020

The current evolving circumstances surrounding COVID-19 present many challenges to companies, boards, management and their stakeholders. Read this article by Commissioner John Price.

Details of changes to ASIC regulatory work and priorities in light of COVID-19

14 April 2020

ASIC’s Close and Continuous Monitoring program has been suspended. However, ASIC will continue to monitor firms remotely, including through close working and information sharing arrangements with APRA.

Last updated: 02/05/2022 04:14