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The adumbration abettor treasurer, Andrew Leigh, has claimed in assembly that some Australian companies are misusing the jobkeeper arrangement by channelling millions of dollars into controlling bonuses.
In a accent to assembly on Monday night, the Labor frontbencher attacked companies including IDP Education, which employs Australia’s highest-paid arch executive, and Star Casino.
He additionally attacked companies who acclimated the jobkeeper supplement to prop up payments to shareholders, calling the manoeuvre “dividendkeeper”.
Despite the concerns, the Senate anesthetized legislation on Tuesday extending jobkeeper to March with bipartisan Labor and Coalition abutment and alone accessory government amendments.
The legislation extends employer admiral to abate hours and acclimatize workers’ duties and area of work, both for businesses still claiming allowance subsidies and for “legacy employers” who are no best on the acquittal but are still adversity a 10% abatement in revenue.
On Monday, Leigh said that “recessions hit the poor hardest, which is why Australia followed abounding countries about the apple in implementing a allowance subsidy scheme”.
“But a arrangement advised to abate asperity is actuality abolished by a baby cardinal of firms, who are channelling it to controlling bonuses,” he said.
He said IDP accustomed $4m in jobkeeper payments and gave Barkla a $600,000 bonus.
According to abstracts aggregate by the Australian Council of Superannuation Investors, Barkla was paid $37.7m aftermost year – a almanac amount over the six years in which the accumulation has surveyed controlling pay.
Leigh said shoe banker Accent Group, which runs food beneath brands including The Athlete’s Foot, accustomed $13m in jobkeeper and paid its CEO, Daniel Agostinelli, a $1.2m bonus.
“Star Casino accustomed $64m in jobkeeper, and gave CEO Matt Barkier an disinterestedness benefit account $800,000,” he said.
He attacked appliance banker Nick Scali and dentist alternation 1300 Smiles for demography jobkeeper and “diverting money for workers into actor payouts”.
As Guardian Australia has ahead reported, the Scali ancestors stands to acquire about $2.5m in assets and 1300 Smiles managing administrator Daryl Holmes is in band to get about $1.8m.
“If you’re accepting aborigine subsidies, the CEO shouldn’t be accepting a bonus,” Leigh said.
Leigh’s apropos were aggregate by absolute agent Rex Patrick, who confused an alteration on Tuesday attempting to bar companies advantageous assets or bonuses from accepting jobkeeper.
The alteration was accurate by Jacqui Lambie, who said aborigine money was actuality “rorted into dividends”, and Pauline Hanson, who warned jobkeeper had “set a precedent” with a “high payment” that meant some workers “don’t appetite to go aback to work”.
Hanson proposed that jobkeeper alone be continued to November and again reassessed. Despite the last-minute opposition, Labor and the Coalition accumulated to canyon the bill.
Greens amendments to anticipate part-time workers accepting a lower amount of payment, and Labor amendments to put added safeguards on the calibration of cuts to workers’ hours, were defeated.
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