Business
Nick Scali to return $3.6m in jobkeeper payments after announcing record sales and profit – The Guardian
The company considered the wage subsidies received in the second half of 2020 ‘and decided to refund this amount’
Furniture retailer Nick Scali has announced it will return $3.6m it received in jobkeeper wage subsidies after the company last week revealed a $40.6m profit for the second half of 2020.
Nick Scali received the federal government support under the jobkeeper scheme which was designed to help businesses hit by the coronavirus crisis keep staff employed during the second half of 2020.
Over the same six months, its profit almost doubled, rising by 90% compared with the same time the previous year, the…
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