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…
-
Noosa News23 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
Noosa News24 hours agoBrisbane-bound traffic diverted after pile-ups along Bruce Highway
-
Noosa News23 hours agoMan arrested after police chase: Driver shot, woman dies in crash
-
General21 hours agoSummah Richards, 12, mourned after fatal e-scooter in Laidley, Queensland