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Toyota arranges to give back $18 million worth of JobKeeper payments to Aussie government – NEWS.com.au

Toyota arranges to give back $18 million worth of JobKeeper payments to Aussie government

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In a surprising windfall for the Australian government, Toyota has made moves to hand back more than $18 million worth of JobKeeper payments.The car manufacturer had qualified for JobKeeper in mid 2020 when its revenue fell more than 50 per cent as the COVID-19 pandemic hit resulting in lockdowns and restrictions across the nation.
But Australia’s number one car brand bounced back from financial uncertainty with more than 66,000 vehicles sold in the fourth quarter, an increase of almost 30 per cent…

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