JobKeeper rorters ignored as unemployed forced to repay welfare

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The Parliamentary Budget Office (PBO) has reported that 157,650 employers saw their turnover increase between April and June 2020, when compared to the same period in 2019.

These employers received a combined $4.6 billion in JobKeeper payments during this period, and Labor MP Andrew Leigh says the figures show how much of taxpayers’ money was wasted on the wage subsidy scheme. Leigh has also called on the federal government to force these companies to return their JobKeeper payments:

“These numbers reveal the ghastly scale of the waste by the Morrison government,” Federal Labor MP Andrew Leigh said.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.