Luxury car maker Mercedes-Benz pocketed almost $5 million in emergency JobKeeper payments, despite staying profitable during the COVID-19 economic shock and boasting of a "strong" year.Mercedes-Benz's Australian arm received $4.9 billion from the wage subsidy scheme but went on to post a $62.7 million profit for 2020
"Despite the impacts of the global pandemic on the world economy, the group delivered a strong result," the company's 2020 financial report says. "This support, as intended, meant we could retain our local workforce and continue serving our customers and supporting our local retail network." "Ford Australia's focus in 2020 was, and continues to be, keeping its large team of engineers, designers, and auto specialists in jobs, and JobKeeper payments helped the company to achieve that goal during the tough months of 2020," it said in a statement.The sale of Ford's decommissioned Geelong factory boosted the company's bottom line last year.
Labor MP Andrew Leigh says profitable car makers and dealers should give back their JobKeeper payments.
🤣 That would be a big shift in morality from the '3 pointed Suppository' to do something like that!
Robodebt = poor Jobkeeper= rich
How goods a job(keeper) scotty
Obscene
They didn’t need the $4.9m in tax payers money to prop up their $62.7m of profit. They’ve cheated Australian tax payers and those in need. The $4.9m has now gone into the pockets of Mercedes’ execs.
The government just needs to work out a method to recoup it that’s all
A profit of $65mill yet they refuse to do the right thing and repay the $5mill job-keeper payment? Perfect opportunity for Mercedes to show it's true character here but greed raises it's ugly head yet again. Damlier entitled to the payment? The rich just keep getting richer!
Harvey Norman....your taxes pay for Gerrys floor stock
Then boycott the brand, Australians had enough of companies sucking up tax payers money to increase profits. BOYCOTT. 7NewsMelbourne 9NewsMelb 10NewsFirstMelb 3AW693 theage theheraldsun SkyNewsAust newscomauHQ
$4.9 BILLION?!?! Please explain! How on earth did they get $4.9b when they don’t even make the cars here? Is this an editor’s or reporter’s error?
That's where all the jobkeeper money went folks, same as Harvey Norman
Boycott the ABC. Their journalists and public servants had a fully paid home holiday with pay rises whilst the rest of us were left to our own devices....
I blame the Morrison government, all companies who made a profit should repay job keeper payments. After all Centrelink will start chasing those individuals who got a few dollars extra over the past year, why not chase those companies as well?
Snob-keeper
Is anyone surprised? They're hardly a shining star of good corporate citizenship - or customer relations.
outrageous ripoff Arrogant with no shame
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