$4.6bn in JobKeeper went to businesses that increased turnover during height of pandemic

4 6bn in jobkeeper went to businesses that increased turnover during height of pandemic

Sumary of $4.6bn in JobKeeper went to businesses that increased turnover during height of pandemic:

  • Figures from the independent Parliamentary Budget Office show 157,650 employers had turnover rise during that period, compared to the same time in 2019.In just three months, those outfits accrued $4.6 billion in taxpayer-funded wage subsidies.
  • “These numbers reveal the ghastly scale of the waste by the Morrison government,” Federal Labor MP Andrew Leigh said.
  • “It is morally outrageous that they were willing to let this extent of taxpayer waste go on, without shutting it down,” Dr Leigh said.
  • Businesses should repay, says Labor MP Andrew Leigh said JobKeeper money was “splashed around like there was some sort of an Aladdin’s cave”.
  • (ABC News: Ian Cutmore)Dr Leigh obtained the figures from the Parliamentary Budget Office.
  • The Parliamentary Budget Office obtained its data from the Australian Taxation Office, which administered the JobKeeper scheme.
  • Dr Leigh said the government would have had access to the turnover data last year.
  • Those stores and head office received millions of dollars in JobKeeper during the period.

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