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News
Publicly listed South Australian companies received almost $55 million in JobKeeper payments during the COVID-19 pandemic to support more than 2500 jobs. But just $5.2 million has been repaid despite several of the companies posting huge profits.
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News
Australia’s tax commissioner is facing an investigation from a powerful parliamentary committee after refusing to hand over companies’ wage subsidy details.
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More than 11,000 people have been sent debt notices worth almost $33 million linked to JobKeeper wage subsidies.
Several cafes and restaurants are opting to stay closed this week, saying it’s not viable to reopen under strict density restrictions – as the hospitality industry clamours for targeted government support.
Employment and hours worked have held steady despite the removal of key support measures that were in place during the heat of the pandemic, a new study has found.
Australia’s jobless rate is tipped to head north next month, amid forecasts that up to 150,000 people could have lost their job after a wage subsidy ended on March 31, says Roger Wilkins.
