News

The federal government has been accused of a ‘ruthless’ double standard over its treatment of locked-down workers and profitable JobKeeper recipients

The federal government has a “ruthless” double standard in its handling of locked-down workers and successful companies, Australian Council of Trade Unions secretary Sally McManus said. New payments for workers impacted by COVID-19 lockdowns will come with retroactive compliance checks, but there is no law compelling profitable firms to repay […]
The federal government has been accused of a ‘ruthless’ double standard over its treatment of locked-down workers and profitable JobKeeper recipients
Markets

Retail powerhouse Premier Investments says it will pay back $15.6 million in JobKeeper after dodging the suggestion earlier this year

Australian retail giant Premier Investments says it will reimburse the $15.6 million in unused JobKeeper subsidies after reporting massive profits. The group kept accrued JobKeeper payments as ‘insurance’ to cover employees impacted by snap lockdowns, but found those taxpayer funds were “ultimately not required”. Labor MP Andrew Leigh says the […]
Retail powerhouse Premier Investments says it will pay back $15.6 million in JobKeeper after dodging the suggestion earlier this year
News

Morrison brushes off calls to recoup JobKeeper from thriving businesses, after new report finds ASX-listed giants made soaring profits while receiving wage subsidies

Prime Minister Scott Morrison has again brushed off calls for profitable businesses to repay the JobKeeper subsidies they accrued. His statement follows a new report which claims a fifth of the JobKeeper payments made to Australia’s biggest ASX-listed companies wound up in the accounts of profitable businesses. Labor MP Andrew […]
Morrison brushes off calls to recoup JobKeeper from thriving businesses, after new report finds ASX-listed giants made soaring profits while receiving wage subsidies
News

More than a quarter of VET student loans go unpaid. The Productivity Commission says Australia should collect those debts from the dead.

Unpaid VET Student Loan debts should be collected from deceased estates, the Productivity Commission says in a new report. “There is no clear rationale” against treating student debts differently to mortgages or credit card debts, the report claims. The paper calls for exemptions for small deceased estates, with the Australian […]
More than a quarter of VET student loans go unpaid. The Productivity Commission says Australia should collect those debts from the dead.