Business
Mercedes-Benz, Ford won’t repay JobKeeper millions despite posting profits in 2020 – ABC News
Mercedes-Benz pockets almost $5 million in emergency JobKeeper payments, despite boasting of a “strong” financial performance during the COVID-19 economic shock….
Luxury car maker Mercedes-Benz pocketed almost $5 million in emergency JobKeeper payments, despite staying profitable during the COVID-19 economic shock and boasting of a “strong” year.
Key points:
- Mercedes-Benz’s Australian arm received $4.9 billion from the wage subsidy scheme but went on to post a $62.7 million profit for 2020
- Ford also posted a profit while receiving JobKeeper, but said without the payments and the sale of one of its factories, it would have posted a loss
- Toyota says it will pay…
Continue Reading
-
Noosa News5 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
Noosa News11 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
General10 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News11 hours agoDetectives continue to search for answers on Crystal Beale’s death