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to pay it back when dean realised his own financial advisory firm was eligible for the Philadelphia Football Pennsylvania Eagle American Football Premium Shirt the scheme well we qualified which astounded us our revenue is pretty much locked in but because of a little hiccup we were 35 down in cash in march and we would have been able to get 195 000 so you didn’t apply for it clearly you didn’t need it but you could have hit the jackpot the way this thing was set up absolutely and there would have been absolutely no obligation on us to repay the money for thousands of businesses job keeper became a government sanctioned get rich quick scheme the parliamentary budget office has crunched

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the numbers and Philadelphia Football Pennsylvania Eagle American Football Premium Shirt the 89 billion spent on job keeper went to companies that either didn’t experience the required downturn or incredibly their sales went up but under the rules of job keeper these businesses are not legally obliged to pay back a single cent you could forecast armageddon but in reality you could end up very profitable and as a result of a bad forecast you would receive no penalty well that’s what the data tells us there are 157 000 firms that qualify for job keeper they’re on the basis of a temporary downturn in march or a forecast in the april to june period whose sales actually increased that was 13 billion dollars there was no consequence whatsoever for you making an overly pessimistic forecast and so that’s a design either feature if you’re one of the businesses who’ve pocketed that or it’s a floor if you’re a taxpayer that’s paying for it let’s be kind to them shall we I mean it was a terrible time the start of the pandemic a lot of them would have been thinking you know this is going to be very very bad for us so give them the benefit of the doubt they took all the public money but then having done very very well thank you very much they still haven’t
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