News

The ATO says it is chasing $284 million in JobKeeper overpayments from companies that took advantage of the government’s pandemic wage subsidy

The Australian Taxation Office (ATO) says there are still a raft of companies that incorrectly accepted government assistance through the federal JobKeeper scheme over the past year. Many businesses that saw profits above pre-pandemic levels have voluntarily repaid the money received, including Nick Scali, Domino’s, Super Retail Group. The agency […]
The ATO says it is chasing $284 million in JobKeeper overpayments from companies that took advantage of the government’s pandemic wage subsidy
News

‘A job is a job’ Australia’s sex industry says the federal government’s wage subsidy schemes discriminate against adult shop workers

Australia’s peak adult industry group says the exclusion of sex shop workers from federal wage subsidies is discrimination. A new report from the Eros Association documents its members experiences of being placed in sex shop jobs by employment service providers, before finding out they’re ineligible to receive benefits as advised. […]
‘A job is a job’ Australia’s sex industry says the federal government’s wage subsidy schemes discriminate against adult shop workers
Markets

This is what economists make of the the Australian government’s latest $130 billion effort to save jobs from the coronavirus downturn

The Federal Government unveiled a $130 billion fiscal stimulus package yesterday which will subsidise Australian workers’ wages. The “incredible” spend will save many jobs, CBA economist Gareth Aird said, but will not save all businesses. Nor will it stop the unemployment rate from rising, or even save Australia from a […]
This is what economists make of the the Australian government’s latest $130 billion effort to save jobs from the coronavirus downturn