$934 million worth of JobKeeper payments have flowed to ASX 300 companies since the wage subsidy program was announced.
The number on unemployment benefits has risen by 7-8% across Melbourne since restrictions started to be reimposed, compared with 3% in regional Victoria.
Many will be able to apply to receive both.
Unions, peak bodies and activists have given the changes a thoroughly mixed reception.
The ATO has revealed it kicked 6,500 businesses off the government’s JobKeeper after their claims were deemed fraudulent or ineligible.
Any remaining hope Australia could be headed for a quick, V-shaped recovery may have been shredded by the latest payroll figures.
Stop paying businesses late.
Are sole traders falling through the JobKeeper cracks?
JobKeeper and the coronavirus stimulus bill has been slashed, but what can we do with the extra cash?