..yes biggest recipient of the Govt's Jobkeeper money!
Jobkeeper money went to parties that need it less than to those that need it more. Ask Harvey -he has decided to keep the money for himself lol. The Govt's poorly targeted Jobkeeper scheme had electoral base in mind, unfortunately.
And I did say watch 2021 will be year of more corporate job cuts. This time, the Jobkeeper won't be extended.
Job uncertainty also means likelihood of more market participants being more careful with their speculative money - can't risk gambling as much especially when exuberance wanes. Qantas warns of more job cuts
Lucas Baird
Qantas executive Andrew David has conceded there could be more job cuts at the airline beyond the 8500 already announced before a senate inquiry into aviation’s recovery from the pandemic.Mr David - who is in charge of Qantas’ domestic and international business - said this was because of continued uncertainty surrounding the industry’s future, and further redundancies were unlikely to be forced by any cessation of government support for the sector.
Still, Qantas representatives told the senate probe they thought existing support the sector, including federal fee relief and cash to underwrite certain routes, should continue until the international borders re-open.
Qantas is in regular talks with the government about future support mechanisms for workers and what they could look like, but is resigned to the fact the government is intent on ending the JobKeeper wage subsidy at the end of this month.
The airline’s representatives said the costs for the redundancy program, which will see nearly a third of its pre-pandemic workforce cut - were north of $900 million, but we’re largely complete.The senate inquiry will continue throughout today, with country carrier Regional Express the next to front the hearing.
