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MacroBusiness Access Subscriber Only Content “The $34b corporate welfare payment nobody talks about”, which examined the Morrison Government’s $34 billion Cashflow Boost – a gigantic corporate welfare scheme launched at the beginning of the Coronavirus pandemic that has received little scrutiny or media attention: To date there has rightfully been lots of rumblings about the $90 billion JobKeeper wage subsidy, which has been abused by employers to boost their profits. However, JobKeeper at least had a turnover test that had to be met, even if it was regularly manipulated. The same cannot be said for the Cashflow Boost, which did not require any eligibility to be met, other than being a small or medium-sized enterprise with employees.

Jason murphyMorrison governmentCash flow boostஜேசன் மர்பிமோரிசன் அரசுபணம் ஓட்டம் ஊக்க