PM Scott Morrison has announced that JobKeeper and JobSeeker payments will be reduced and extended beyond the September cut-off.

According to 9 News:

After September, the JobKeeper flat rate payment will be reduced from $1500 per fortnight to $1200.

There will also be a lower payment of $750 a fortnight for those working less than 20 hours a week.

For the March quarter, these figures will be revised down to $1000 a fortnight for those working more than 20 hours a week and $650 for those working less than 20 hours a week.

The program will end on March 28.