Companies that received JobKeeper to remain secret as …

Aug 9, 2021 · Big businesses that received JobKeeper will be able to keep the financial support secret, with the federal Coalition rejecting a bid to make it public and the Labor Party backing down from ...

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The ASX-listed Companies Keeping JobKeeper Despite Making Profits

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Sep 3, 2021 · Gaming giant Tabcorp has received a total of $12 million in JobKeeper payments over the previous two financial years, but a spokesman said none would be repaid despite the …

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Here Are The 20 Companies On The ASX300 That Have Pledged To …

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Jul 14, 2021 · These data suggest that of the total $225 million in JobKeeper that companies had pledged to return, at least $198.5 million (worth 88 per cent) had come from public companies …

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Boycott These Companies That Didn’t Pay Back JobKeeper

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Jun 17, 2021 · Some of Australia’s wealthiest companies received over $1 billion in JobKeeper last year. According to a 25 March 2021 report by The New Daily, over 60 publicly listed …

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At Least $38b In JobKeeper Went To Companies Where Turnover Did …

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Nov 2, 2021 · The company claimed JobKeeper early last year to help retain its two existing staff. ... for the company to repay the $51,000 in JobKeeper it ha received. ... an actual downturn to …

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Companies That Received JobKeeper To Remain Secret As …

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"The JobKeeper wage subsidy scheme saw at least $4.6 billion go to businesses whose profits went up during the crucial months of COVID-19 lockdowns last year."

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ATO Will Not Recover $180 Million In JobKeeper From Businesses …

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Sep 10, 2021 · Ms Wilkinson said during the first six months of the scheme, about 97 per cent of businesses that received JobKeeper had turnover of less than $50 million, and accounted for …

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FAQs about Companies that received JobKeeper to remain secret as … Coupon?

Which companies have already made repayments in jobkeeper?

Iluka Resources, CIMIC Group, and Santos are three companies to have already made repayments. Some of Australia’s wealthiest companies received over $1 billion in JobKeeper last year. ...

Are private companies pocketing jobkeeper?

A number of large, privately held companies have been pocketing JobKeeper while posting profit increases and can avoid scrutiny as they have no obligation to publicly reveal their full financial details, including how much government support they received. ...

Which companies have returned jobkeeper funds?

Publicly-listed companies such as Cochlear, Premier Investments, Iluka Resources and Domino's Pizza have all returned at least some of the JobKeeper funds they received. So far, around 90 per cent of JobKeeper subsidies that have been returned to the Commonwealth have come from publicly-listed companies. ...

Who rorts jobkeeper?

Those that tried to rort JobKeeper are being chased by the ATO. The ATO is still owed hundreds of millions of dollars from companies that have attempted to game the JobKeeper wage subsidy, were declared ineligible or were overpaid. ...

Did jobkeeper support small businesses?

On Friday morning, Treasurer Josh Frydenberg, in an article published in The Australian, wrote that JobKeeper "overwhelmingly supported small businesses, which were 97 per cent of the recipients." The ABC asked the ATO to clarify why Mr Jordan used an unorthodox definition for "small and medium businesses" in the hearing. ...

Who is the biggest jobkeeper recipient?

The data showed Qantas was by far the biggest JobKeeper recipient — claiming $160.5 million in the 2020 financial year and another $695.5 million in the 2021 financial year. That’s a total of $856 million, with earlier analysis from The New Daily showing the national carrier had also taken substantial sums from other government support programs. ...