Another day, another JobKeeper rort. This time, the ABC has shifted focus to two foreign-owned firms – Specsavers and Luxottica South Pacific – that posted massive profits on the back of the Australian taxpayer.
Specsavers’ Australian revenue fell by just 1% in 2021, while its profit rose by $78 million to $150 million. This was after it received about $92 million worth of JobKeeper payments of which $4 million is believed to have been repaid.
Luxottica posted a revenue decline of 5%, while its profit rose from $50 million to $67 million. Its financial report showed employee expenses, helped by JobKeeper, fell by $56 million:
