Ross Vasta (Bonner, Liberal Party) Share this | Hansard source

The Speaker has received the following message from the Senate:

The Senate transmits to the House of Representatives the following resolution which was agreed to by the Senate this day:

That the Senate—

(1) notes that the 2021-21 Budget delivered the Jobkeeper wage subsidy, which saw over $1 billion in Jobkeeper payments paid to companies that made a profit or paid executive bonuses; and

(2) calls on the Federal Government to require companies with an annual turnover of more than $50 million that received Jobkeeper payments, and in the last 12 months did one or more of the following:

(a) issued dividends;

(b) made a profit; or

(c) paid executive bonuses;

to repay the Commonwealth an amount equal to the amount of Jobkeeper payments they received, up to the sum of profits made and executive bonuses paid.

The Senate requests the concurrence of the House of Representatives in this resolution.

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