Article 5CZ9T Super Retail Group returns $1.7m from jobkeeper amid calls for Harvey Norman to follow suit

Super Retail Group returns $1.7m from jobkeeper amid calls for Harvey Norman to follow suit

by
Paul Karp
from on (#5CZ9T)

Owner of Supercheap Auto and Rebel posts record profit and joins Toyota in volunteering to forego subsidies in move welcomed by treasurer

The federal treasurer, Josh Frydenberg, has welcomed Super Retail Group's decision to voluntarily return $1.7m of wage subsidies to the Australian government, while Labor has called for other rebounding retailers to follow its lead.

Super Retail Group - the owner of brands including Supercheap Auto, Rebel and Macpac - announced the decision on Monday, as it revealed a record $170m net profit after tax.

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