Originally Posted by
DirectAnywhere
30,000 staff at $750 per week for 26 weeks is 585 million in Jobkeeper paid to QANTAS.
Some of that will flow to the staff, a lot won’t. A third of staff haven’t been stood down so there’s roughly 200 million straight to the company.
Other staff are on full time paid leave, others are using a mix of paid leave and Jobkeeper so the true benefits will be somewhere north of 200 million. Not huge but significant in the current environment.
I highly doubt that would go down well with Canberra.
The lawyers in Canberra might like that one. The government will soon be forward thinking corona reimbursement, shelling out a few hundred million for QFs bottom line wouldn’t cut it.