Business
Hearing implants pioneer Cochlear urged to cough up JobKeeper in full but stays firm – NEWS.com.au
Hearing implants pioneer Cochlear urged to cough up JobKeeper in full but stays firm
Hearing implant pioneer Cochlear has been urged to pay back COVID-19 government assistance in full after booking a big earnings recovery, with an MP saying they can afford it.The company reported a 50 per cent surge in statutory net profit to $236.2m for the six months to December 31 on Friday.
On an underlying basis, however, which excludes one‐off items such as innovation funds and government assistance, net profit was down 6 per cent to $125.3m.
Cochlear pocketed $23.6m in government cash in…
-
General21 hours agoSearch underway for missing boat off South Australia’s Cape Jaffa
-
Noosa News21 hours agoQueensland coroner investigates ‘extremely unusual’ deaths of premature twin boys
-
Noosa News23 hours agoChristmas tragedy: NSW woman dies after alleged deliberate hit-and-run on Sunshine Coast
-
General24 hours agoReuven Morrison was killed in the Bondi Beach shooting one year after warning about antisemitism