How JobKeeper took taxpayers to the cleaners

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60 minutes did a terrific investigative report on JobKeeper, which aired on Sunday night and has been released on YouTube (video below).

The segment highlights how more than 150,000 companies that weren’t in trouble – many of them actually thriving – received $13 billion taxpayer dollars.

It also highlights the hypocrisy of the Morrison Government chasing back small sums from individual welfare recipients but not applying the same ‘mutual obligations’ to corporate welfare recipients.

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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.