Business
Companies using millions in jobkeeper payments to pay increased dividends to shareholders – The Guardian
Greens senator Peter Whish-Wilson says companies involved should lose jobkeeper eligibility, branding it ‘corporate welfare’
Companies are using millions of dollars in jobkeeper payments designed to keep Australian workers employed during the coronavirus crisis to help pay increased dividends to shareholders, sparking calls for an overhaul of the system.
Stock exchange disclosures show that over the past week retailers Adairs and Nick Scali, and dental chain 1300 Smiles, increased their dividend payouts after receiving jobkeeper funding, and market observers expect additional shareholders to reap similar benefits as …
-
Noosa News23 hours agoUpdate 1: Assault and robbery, Morayfield
-
Noosa News23 hours agoPolice identify pair who allegedly stole car at gunpoint at Morayfield
-
Noosa News22 hours agoHigh Court appeal over sentence for teen who killed Emma Lovell in Brisbane home invasion on Boxing Day
-
Noosa News21 hours agoHundreds of pigs feared dead at Dublin’s Andgar piggery after fire breaks out