WORLD

Businesses should ‘hand back’ JobKeeper overpayments

Queensland Liberal Senator Gerard Rennick says he thinks the ATO should require businesses to "hand back" JobKeeper payments where profits have increased.

"I think the ATO should go in, effectively looking at larger companies who had an increase in revenue, and repay the money," Mr Rennick told Sky News host Peta Credlin. 

"And not only that, I think people in Treasury - the people that designed this program - need to be held to account for not having proper checks and balances in."

Mr Rennick said there should always be checks and balances in place to ensure fairness. 

"It's going to, I think, hurt us more in the long run if we don't take measures to rectify what was an oversight, in my view, by Treasury."

Queensland Liberal Senator Gerard Rennick says he thinks the ATO should require businesses to “hand back” JobKeeper payments where profits have increased.

“I think the ATO should go in, effectively looking at larger companies who had an increase in revenue, and repay the money,” Mr Rennick told Sky News host Peta Credlin.

“And not only that, I think people in Treasury – the people that designed this program – need to be held to account for not having proper checks and balances in.”

Mr Rennick said there should always be checks and balances in place to ensure fairness.

“It’s going to, I think, hurt us more in the long run if we don’t take measures to rectify what was an oversight, in my view, by Treasury.”
Queensland Liberal Senator Gerard Rennick says he thinks the ATO should require businesses to “hand back” JobKeeper payments where profits have increased.

“I think the ATO should go in, effectively looking at larger companies who had an increase in revenue, and repay the money,” Mr Rennick told Sky News host Peta Credlin.

“And not only that, I think people in Treasury – the people that designed this program – need to be held to account for not having proper checks and balances in.”

Mr Rennick said there should always be checks and balances in place to ensure fairness.

“It’s going to, I think, hurt us more in the long run if we don’t take measures to rectify what was an oversight, in my view, by Treasury.”

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