Corporate watchdog considers complaint about Premier Investments not revealing jobkeeper payments

Asic said it would make initial inquiries' into Premier's jobkeeper disclosure but had not yet decided what action if any we will take'

The corporate watchdog is making inquiries into the failure by Premier Investments, the retailer controlled by billionaire Solomon Lew, to tell the market how much jobkeeper it has received.

After intense political pressure Premier earlier this month said it would return what it called the net benefit" it received from the wage subsidy, of $15.6m. However, it did not disclose the total amount it received - estimates of which vary from between $75m to $100m.