Lists

What ASX listed companies revealed about JobKeeper to ASX


September 23, 2022

This list tracks companies which explicitly reported JobKeeper receipts over last two financial years to the ASX, including whether any was returned. For more on why these disclosures are happening, see this Crikey piece.

Companies which partially refunded JobKeeper claims

Mosaic Brands: the retailer pocketed $28.5m in year one and $96.5m in year two for a total haul of $125 million then it repaid a paltry $2.12 million for a net take of $122.9 million on behalf of 4,681 staff.

Premier Investments: Solly Lew's retailer pocketed $40.45m for 4,545 staff in year one then $46.54m in year two, for a total of $87 million but then it repaid $15.6m leading a net haul of $71.4 million. Announcement made at 5.57pm on the afternoon of Friday, November 12.

Cochlear: claimed $33.4 million for 1739 staff over two years then fully refunded the $23.1 million received in year two for a net haul of $10.38 million.

Qube Holdings: claimed $30.47m over two years for 1515 staff then refunded entire second year amount of $16.9m for a net take of $13.57m.

Peter Warren Automotive: claimed $14.15m for 1473 staff in year one and $13.85m in year but then refunded $13.32m for a net haul of $14.68 million.

Seek: kept the full $8.17 million that it claimed for 940 staff in year one but refunded the entire year two haul of $9.6 million.

Domain Holdings: repaid $6.5 million of the $12 million it collected over two years which was all of year 2.

Dusk Group: claimed $8.747 million over two years for 472 staff then repaid $2.8 million.

Healius: kept the 840k claimed in year 1 then fully repaid the $1.023 million claimed for 107 staff in year 2.

Euroz: the Perth stockbroker claimed $2.035 million for 107 staff over two years and then repaid 297k.

Lynas Rare Earths: opted to pay back all of year 2 which was 897k, leaving net claim of 772k for 87 staffin year 1. But why wait until 4.32pm on the last possible day to announce it?

Big JobKeeper claimants which kept the lot with no refund

Qantas: claimed $885 million over two years for 27,419 staff and kept the lot.

Crown Resorts: claimed $291.3 million over two years and returned nothing. Announcement made at 4.02pm on the afternoon of Friday, November 12.

Star Entertainment: disclosed $157.4 million JobKeeper bailout for 7040 staff on November 11.

Eagers Automotive: claimed $131 million for 7,357 staff in year 1 from March until December 2020 as it runs on a calendar year. No claim in year 2 and refunded nothing. Announcement made at 4.20pm on the afternoon of Friday, November 12.

AMA Group: claimed $63.6m over two years for 3,342 staff.

Southern Cross Media: claimed $15.8m in year one and $31.57 million in year two for a total haul of $47.42 million for 1769 staff with not one dollar refunded.

Seven West Media: claimed $13.64m for 2,617 staff in year one followed by $33.39 million in year two for a total haul of $47 million with nothing refunded. Announcement made at 3.55pm on the afternoon of Friday, November 12.

Accent Group: the shoe retailer claimed $13.72m in year one and $31.27m in year two for 2,650 staff for a total haul of $45 million with nothing repaid. Announcement made at 4.19pm on the afternoon of Friday, November 12.

Vicinity Centres: in contrast to Scentre group, it snaffled $23.23 million over two years for 1219 staff with nothing repaid. Announcement made at 4.17pm on Remembrance Day, November 11.

A2 Milk: total claim of $22.6m over 2 years with no refunds. Disclosed to ASX at 4.29pm on Friday, November 12.

A2B: the old Cabcharge claimed $6.44m for 720 staff in year one and $16.17m in year two for a total of $22.51m with nothing repaid. Announcement made at 4.19pm on the afternoon of Friday, November 12.

OOH Media: the outdoor advertising giant snaffled $17.68 million for 778 in calendar year 2020.

Aristocrat Leisure: the pokies giant snaffled $16.14 million for 840 staff in year one then stopped claiming but never paid anything back either. Announcement made at 3.57pm on Friday, November 12.

Carsales: claimed $12.05m over 2 years for 597 staff with no refunds. Final ASX announcement made at 5.16pm on Friday, November 12.

Humm Group: revealed total claims of $9m over 2 years for 395 staff to the ASX at 4.58pm on Friday, November 12.

The Go2 People: recruitment company claimed $8.8 million over 2 years and the kept the lot.

SRG Global: claimed $8.73m over two years with no refunds to cover 386 staff. Announcement made at 4.37pm on Friday, November 12.

Lendlease: claimed $6.78 million for 762 staff in year one but only disclosed this at 4.29pm on Friday, November 21, the last possible day.

Academies Australasia Group: took $7.4m in JobKeeper over two years.

Australian Agricultural Company: $6.651 million for 363 staff all of which occurred in the second financial year.

Retail Food Group: pocketed $5.7m for 235 staff over two years and revealed this to the ASX at 4.46pm on Friday, November 12.

COG Financial Services: pocketed $5.62m over two years for 261 staff with no refunded and waited until 5.23pm on Friday, November 12, to make the required ASX disclosure.

Ampol: took $5.57 million over two years for 210 staff and waited until 7.10pm on Friday, November 12 to make the disclosure.

Codan: claimed $3.625m over 2 years in a first time disclosure and repaid nothing. Belatedly made ASX announcement at 5.05pm on Friday, November 12.

Wiluna Mining: $3.16m across two years for 146 staff.

Team Invest Private: took $2.9m in JobKeeper for 139 staff over 2 years. Didn't pay back $1 and lodged ASX notice at 4.46pm on Friday afternoon.

Stealth Global: claimed $2.86m over two years for 139 staff with the final ASX announcement cynically made at 5.19pm on Friday, November 12.

Schaffer Corp: claimed $2.3m over 2 years for 101 staff and revealed this at 4.47pm on Friday, November 12.

Pinnacle: the fund manager received about $1.3m over 2 years and rather than giving it back to the ATO, they instead donated much of it to their own foundation. A 6.10pm ASX announcement on Friday, November 12 suggests they were a bit embarrassed about this.

Clime Investment Management: revealed 652k in claims over two years for 29 staff at 4.47pm on Friday, November 12.

JobKeeper claimants which fully refunded the lot

CIMIC: repaid the entire $20.53m in JobKeeper payments it had received over the two years of the program.

Iluka Resources:
claimed $13.87 million for 732 staff but then voluntarily returned the lot.

Credit Corp: repaid entire $12.6 million it claimed for 1003 staff over two years.

Santos: claimed $4 million for 244 staff in year 1 and then refunded the lot in December 2020.

Centuria: the fund manager claimed $2 million over 2 years then repaid the lot.

Wesfarmers: claimed $492,000 through a subsidiary Trimevac Pty Ltd but then repaid the lot. Waited until 5.44pm on Friday, November 12, to make this ASX disclosure.

REA Group: claimed $167,400 for 6 staff over 2 years then refunded the lot.

Notable companies which claimed no JobKeeper

Adore Beauty
AGL: chair said "personally disappointed" with the level of rorting.
ANZ
BHP
Estia Health
Scentre Group (said they "didn't need it").