BossKeeper: how JobKeeper lined the pockets of top ASX directors, executives and shareholders – Michael West

JobKeeper rorting by business

New Zealand and the US compile public registers to ensure their Jobkeeper-type subisidies are not rorted by businesses. But no such transparency for Australians. As the Government singles out bureaucrats such as Australia Post chief Christine Holgate for corporate excesses, Tasha May shines the torch on pandemic rorting at the top end of town. JobKeeper is the single largest piece of government spending in the country’s history. Yet despite taxpayer funding this hundred billion dollar wage subsidy, there is no public database to see whether JobKeeper is being used appropriately. From the limited information that has come to light, it seems clear that it is not. A report from governance advisory service Ownership Matters reveals four kinds of appalling activity by business.

BossKeeper: how JobKeeper lined the pockets of top ASX directors, executives and shareholders – Michael West

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