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Opposition slams rollout of JobKeeper as new data reveals billions of dollars went to firms who increased revenue

Simon Beaumont
Article image for Opposition slams rollout of JobKeeper as new data reveals billions of dollars went to firms who increased revenue

The federal opposition has slammed the implementation of JobKeeper as new data reveals billions of dollars went to businesses who didn’t need it.

Analysis from the Parliamentary Budget Office has revealed that WA businesses who increased their turnover during the pandemic claimed a total of $1.6 billion in JobKeeper.

Shadow Assistant Minister for Treasury and Charities Andrew Leigh said Labor supported the policy, but it was poorly executed.

“It was a program that was meant to be about keeping battlers in jobs, ended up delivering too much cash through to billionaire shareholders,” he told Liam Bartlett on 6PR Mornings.

“We now know … that there is some $20 billion delivered to firms whose revenues went up rather than down, and in Western Australia that is $1.6 going to firms that who had a better 2020 than 2019.”

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Photo by Michael Masters/Getty Images

Simon Beaumont
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