A further $44 million in JobKeeper payments will be handed back to the Federal Government, thanks to construction firm CIMIC and medical device manufacturer Cochlear. They join a growing list of firms to repay taxpayer funds after turning profits in the second half of 2020. But such repayments remain voluntary, […]
Furniture retailer Nick Scali has announced it will pay back $3.6 million in JobKeeper subsidies received over the second half of 2020. The company’s statement comes after it revealed $40.5 million in net profits over the same time period. Nick Scali joins a growing number of large companies which have […]
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 […]
Financial expert Jean Chatzky, host of the...