New data contained in private schools’ annual reports reveals the majority of that funding was received by just 10 schools,while all 33 schools that received the wage subsidy also posted a surplus in 2020.
The early indications from two years of the economic dislocation of the coronavirus pandemic are in. More of the same – just more extreme.
The corporate regulator’s spreadsheet reveals just a fraction of the total $89 billion JobKeeper program went to public companies.
Voters thought John Howard had lied to them,too,but in 2004 they trusted him to run the country more than the alternative ... until they didn’t in 2007.
Australian Clinical Labs’ profits have topped $100 million since the pandemic started,but the pathology group pocketed more than $12 million in JobKeeper payments from the Morrison government.
There was a will to solve some of our most intractable problems – albeit,temporarily – and local connections made like never before.
New analysis of tax data shows NSW businesses with higher turnovers pocked almost $5 billion worth of JobKeeper payments.
OneSchool Global,which is associated with the Plymouth Brethren Christian Church,a group that refers to outsiders as “worldlies”,has received an estimated $9 million in JobKeeper payments.
Today on Please Explain,economics correspondent Shane Wright joins Jess Irvine to discuss a new analysis of the JobKeeper wage subsidy program.
In its analysis of JobKeeper,the federal Treasury raised concerns about businesses deliberating gaming the system to qualify. The Tax Office says most did not.
We should give the Morrison government credit where it’s due - because it will be a dangerous legacy if politicians think twice about unleashing stimulus in our next economic crisis.