Jennifer Westacott also says such firms should ‘exercise some very careful judgment’ about paying dividends
Companies receiving jobkeeper wage subsidies should not give executive bonuses and should think twice before paying dividends, the head of the Business Council of Australia has said.
Jennifer Westacott made the comments in a wide-ranging interview on ABC’s Insiders program on Sunday during which she also decried the mooted extension of Melbourne’s lockdown and called for investment in renewable energy to kickstart the economy out of the Covid-19 recession.
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