Assistant treasurer.Michael Sukkar, said last week, the programme was fully subscribed.There has been an absolutely massive blunder this afternoon by the ATO, revising the Jobkeeper figures from 6.5 million, to 3.5 million - https://www.news.com.au/finance/economy/treasurer-admits-massive-reporting-error-for-jobkeeper-program/news-story/61fbca48ac5cf7de638941c83e938504The ATO did not make the massive error. They discovered some 500 or so businesses made an error. Considering there were over 900,000 applications this works out at about 1 in a thousand or 0.1%. If 99.9% of businesses got it right I don't think the beat-up is justified.
No money has been lost, the error was found when checking the applications.
I would have thought that the taxpayers of Australia would welcome that $70 million can be wiped off the amount borrowed to cover the cost of this virus.
Not a single form had been filled in when the original estimate of $130 billion was made by the government.
The scheme was designed to be difficult to qualify for and access. Another notional LNP announcement. I smell a rat, a con and or gross incompetence. Possibly all.