Businesses that had no downturn from Covid crisis received $12.5bn jobkeeper windfall
by Ben Butler from on (#5MGBF)
Payments described as waste of public money' represent almost 14% of the $90bn program
- Follow our Covid live blog for the latest updates
- Restrictions: NSW; Vic; Qld; SA; WA and NT; border restrictions
- Hotspots: NSW map; Vic list; Qld; WA
- Vaccine rollout tracker; get our free news app; get our morning email briefing
Businesses that did not suffer any downturn in revenue as a result of the Covid crisis received a $12.5bn windfall from the government's jobkeeper scheme, new figures show.
The payments, which the opposition has called the biggest waste of public money in living memory", represent almost 14% of the $90bn program, which was designed to support workers at risk of losing their jobs at Covid-hit companies.
Continue reading...