Category: Subsidy Repayment

Australian Treasurer Welcomes Businesses Repaying JobKeeper

The federal treasurer Josh Frydenberg has acknowledged the Super Retail Group’s decision to voluntarily return its $1.7 million JobKeeper subsidy after posting a record half-year profit but said paying back the handout is not a legal obligation. The move by the group that owns brands, including Supercheap Auto, Rebel Sports, BCF outdoor and Macpac, was…


Prime Minster Welcomes Businesses Repaying JobKeeper

Prime Minister Scott Morrison has praised the Super Retail Group’s decision to voluntarily return $1.7 million worth of JobKeeper subsidies after posting a record half-year profit. The move by Super Retail, which owns Supercheap Auto, Rebel Sports, BCF, and Macpac, was made public by the company in its trading update (pdf) on Jan 18, after…