[Australia] Wage thieves could be excluded from subsidy scheme

[Australia] Wage thieves could be excluded from subsidy scheme
22 Oct 2020

Employers who fire existing staff to take advantage of taxpayer cash incentives for hiring young workers could be excluded from the wage subsidy scheme. Additionally, corporations found to have underpaid workers or recently paid dividends to shareholders could be excluded. Legislation underpinning the program has cleared the lower house, soon the Senate will consider whether to reward businesses for hiring the young unemployed.

Greens leader Adam Bandt reportedly claims that the Morrison government is establishing a slush fund for wage thieves, "In the biggest recession we've seen in generations, we shouldn't be subsidising profitable corporations or giving public money to corporations that underpay workers," Mr Bandt said on October 20. "If a big corporation is doing well enough to pay dividends during a pandemic, it doesn't need the public to pay part of its wages bill." Yahoo! News reports on the story.

Employers who fire existing staff to take advantage of taxpayer cash incentives for hiring young workers could be excluded from the wage subsidy scheme. Additionally, corporations found to have underpaid workers or recently paid dividends to shareholders could be excluded. Legislation underpinning the program has cleared the lower house, soon the Senate will consider whether to reward businesses for hiring the young unemployed.

Greens leader Adam Bandt reportedly claims that the Morrison government is establishing a slush fund for wage thieves, "In the biggest recession we've seen in generations, we shouldn't be subsidising profitable corporations or giving public money to corporations that underpay workers," Mr Bandt said on October 20. "If a big corporation is doing well enough to pay dividends during a pandemic, it doesn't need the public to pay part of its wages bill." Yahoo! News reports on the story.

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