Article 57T2Y Australian companies getting jobkeeper shouldn't be paying bonuses, business council head says

Australian companies getting jobkeeper shouldn't be paying bonuses, business council head says

by
Paul Karp
from World news | The Guardian on (#57T2Y)

Jennifer Westacott also says such firms should exercise some very careful judgment' about paying dividends

Companies receiving jobkeeper wage subsidies should not give executive bonuses and should think twice before paying dividends, the head of the Business Council of Australia has said.

Jennifer Westacott made the comments in a wide-ranging interview on ABC's Insiders program on Sunday during which she also decried the mooted extension of Melbourne's lockdown and called for investment in renewable energy to kickstart the economy out of the Covid-19 recession.

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