*JobKeeper went to thousands of companies whose turnover tripled at the
height of the COVID-19 pandemic*
/ Exclusive by Dan Conifer, ABAC News /
< https://tinyurl.com/yf23aurb >

*Key points*

- Earlier this year, 7.30 revealed about one in six businesses
receiving JobKeeper suffered no fall in turnover during
the first three months of the program

- New data reveals approximately 20,000 companies tripled their
turnover, yet accrued nearly $370m during those three months

- An additional 15,000 companies doubled their turnover compared
to the same quarter in 2019, yet earned approximately $320m
in JobKeeper

"Hundreds of millions of dollars in JobKeeper flowed to companies where
turnover doubled or even tripled, the ABC can reveal.

Thousands of profitable companies qualified for the subsidy based on
projected turnover falls that never eventuated.

7.30 can also reveal about $6 billion in JobKeeper was racked up by
businesses that increased turnover during both the June and September
quarters last year.

"The idea that we should be giving taxpayer cash to firms that are
doubling or tripling their revenues is reprehensible," Labor MP Andrew
Leigh said.

"This is the sort of flagrant misspending of money that you'd expect to
see in some tin pot dictatorship, not in a well-run economy like
Australia's."

Profitable JobKeeper recipients have been under pressure to repay the
taxpayer support.

Retailer Harvey Norman this week announced it had returned $6 million
after months of controversy. ... "

~~~

AMAZING...yet another LNP fuck up, and guess who is profiting the most
from it? Those *black sheep herds* of businesses, obviously NOT just a
few!
Certainly not the pesky, lowlife, born to be serfs employees the LNP and
its demented supporters see as public enemy Nº1.

This is what regularly happens when LNP rules the roost. Immense whinge
about the socially downtrodden who allegedly always abuse the system to
gain immense riches on New Start, while our poor and horribly suffering
billionaires can hardly afford any more those Champagne and Russian
Caviar breakfasts they are so used to having on a daily basis. Sob-sob.
My hearts aches in sympathy for those poor poor poor buggers - NOT!

--
Ördög - 👹️ - The newsgroup Devil at your service.

Want to see the most spiteful nasties of Australian politics?
Here I show you:

Just look no farther than the Liberal Party of Australia and
tits dumb coalition partner:

This is their fundamental ideology (if one can call it that):
Capitalist neo-liberal/libertarian lies and alternate reality,
Lack of compassion for the already downtrodden,
Sociopathic greed & envy,
Endemic nepotistic and plutocratic corruption,
Vicious hunger for power and "born to rule mentality",
Xtian fundamentalism
Never ending misogyny & homophobia
Undeniable Anglo-Celtic racism and supremacy,
Unbridled hate for the underclasses,
Unrelenting vengeance seeking against political opponents...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

On Wed, 01 Sep 2021 23:56:48 GMT, *Ördög* got his knickers in a knot:-

> *JobKeeper went to thousands of companies whose turnover tripled at
> the height of the COVID-19 pandemic*

<Yawn>

Tell us something we don't know, wog boy!