Just a point of fact concerning the 60 Billion and what was the cause.
Approximately 1,000 Job Keeper Applicant companies out of a total of 900,000 Applicant companies couldn't answer a simple question correctly. Here it is -Number of Job Keeper eligible employeespaid during April
- Numberof eligible employees who have been orwill be remunerated $1,500 or more
(this may include wages, tax and salary-sacrifice super)for JobKeeper fortnight one (30 March -12 April)
- Numberof eligible employees who have been orwill be remunerated $1,500 or more
(this may include wages, tax and salary-sacrifice super)for JobKeeper fortnight two (13 – 26 April)
1,000 applicants instead of answering correctly by providing the number of employees ie.12 or whatever number answered the question with 1500. Ok so the percentage of can't read or comprehend or just caught up in the rush for cash is quite low 0.01% but the $ impact of 1,000 applicants each wanting job keeper for 1500 employees, well thats the 64 Billion dollar answer !!
Visible from Space - yeah right. How many dead people will be receiving $1500 a fortnight?
Obe
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Friday 22 May, page-142
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