Business
The Big Grift: How the Top End of Town rorted Jobkeeper – Michael West News
The most rampant era of welfare rorting in Australia’s history draws to a close at the end of the month when the JobKeeper scheme ends.
Mirvac racked up more than $20 billion in sales over the past six years and paid not a skerrick in income tax.
It also racked up profits through the pandemic, but that has not stopped the property juggernaut from helping itself to the government’s JobKeeper scheme too; gorging itself on a public subsidy that was intended only for companies that suffered a large fall in turnover.
Like dozens of other companies on the ASX – as demonstrated in the interim profit reporting season which draws to a…
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