David Kirk has defended Kathmandu’s decision not to repay $18.5 million in government grants and wage subsidies,saying the board did not want to cause more “pain” for shareholders.
Sydney and Melbourne hotel rooms are 91 per cent vacant after Easter and into May,prompting dire warnings from the industry.
Government and business nerves are fading as the end of JobKeeper nears,but there are warnings hundreds of thousands of Victorians may be left behind.
Our World Travel owner Nick Missikos has spent 47 years in a profitable industry but now can’t afford to pay his bills without Commonwealth help. But he’s not giving up.
JobKeeper payments totalling $284 million were given to major listed businesses trading better than they had been prior to the pandemic.
Anecdotal claims that employers are finding it hard to fill minimum wage jobs because people are ‘better off’ on JobSeeker are not supported by the evidence.
Meanwhile,Merivale boss Justin Hemmes said if JobKeeper ends in two weeks,restrictions on bars and pubs must ease.
How hard can it be to give away a $40 billion business assistance package? Ask Josh Frydenberg.
I’ve decided to shut my award-winning music venue. It won’t be the last to close.
Low-interest loans and grants aimed at airlines and tourist operators will feature in a special package to help the sector survive the end of JobKeeper.
NSW Treasurer Dominic Perrottet says the federal government’s JobKeeper program should end this month.