Business
JobKeeper misses the mark in retail’s new boom – The Australian Financial Review
The JobKeeper program ‘hasn’t been very well planned’ even though it was well intentioned, says Anton Tagliaferro at Investors Mutual.
Some retailers are thriving
However, he dismissed the accusation that some companies were playing with fire by rewarding shareholders with dividends bolstered by taxpayer support.
The “very strange” situation stems from a program “which hasn’t been very discerning” and “if the government decides to pay your staff wages for two or three months, then it becomes part of your earnings to a certain extent”, he said.
Some retailers are thriving in the new climate as households update their furnishi…
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