Treasury knew it was paying billions of Jobkeeper money to businesses that might not have needed it.
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That's the revelation from an insight report, conducted by Treasury, and released on Monday. It found $27 billion was paid to businesses that didn't meet Jobkeeper's 30 per cent turnover eligibility threshold.
Of those funds, $13.8 billion went to firms that reported increases in turnover compared to the prior year.
The payments made to profit-making businesses covers 480,000 individual employees.
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- with Australian Associated Press