Top companies pocket JobKeeper as shareholders paid millions

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Fresh analysis comparing how much companies received in JobKeeper with what they paid in dividends shows some shareholders substantially benefited from the taxpayer-funded wage subsidy.

Medical imaging company Integral Diagnostics was transparent in its investor report, reporting taking $6.6 million in JobKeeper after tax.

"We stopped receiving JobKeeper in September, yet there have been several instances since where we have continued to pay our employees despite them not being able to work due to government shutdowns." "We will continue to assess the ongoing impact of COVID-19 in 2021, including assessing any net positive benefits from JobKeeper receipts and the potential return of a proportion of the receipts once the uncertainty of COVID-19 has abated," he said.

 

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Surprised 🙏

This stinks.

Disgusting sure Josh Frydenburg set it up so billionaires could make rr more.

Multiple individuals have earned more under Jobkeeper than they ever earned while working. I can’t see any of them paying the money back - why are you focussed on the companies?

VoloderEdin Albo go for the jugular the current bloke is weak and condones the actions of the sexuel predeters, elevating 'CP' to be ABOVE THE LAW FACT 100 PERCENT

So the average plebian gets sent to gaol, yet the likes of HN are allowed to pocket millions

You mean big business were the dole bludgers all along? SAY IT AIN'T SO.

ATO must do a complete 7 year audit on companies listed Consumers must boycott them The list must appear on all media every week to remind consumers Whoever created this wreckless rule to give our tax money must be investigated for conflict of interest , incompetence

ATO must do a complete 7 year audit on companies listed Consumers must boycott them The list must appear on all media every week to remind consumers Whoever create this wreckless rule to give our tax money out must be investigated for conflict of interest , incompetence

It is difficult to believe that JobKeeper didn’t play out exactly as planned by this corrupt government...

How sweet a typical liberal outcome support the top corporations no multimillion dollar corporation should receive money from tax payers..most of these are foreign owned companies not Australian owned.. it appears 35% of Tasmania is owned by foreign investors, thanks to liberals.

It’s not their money

😡Just so wrong

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