Business
Nick Scali CEO to get $4.4m dividend after company received jobkeeper payments – The Guardian
Company’s profits reached $40.6m in second half of 2020. It received more than $3.5m under jobkeeper scheme during the same period
The chief executive of furniture retailer Nick Scali is set to receive a multimillion-dollar dividend payment after the companys fortunes were boosted by jobkeeper payments.
Nick Scali received more than $3.5m from the federal government under the jobkeeper scheme which was designed to help businesses hit by the coronavirus crisis keep staff employed during the second half of 2020.
Over the same six months, its profit almost doubled, rising by 90% compared with the same time the previous year to…
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