Senate debates

Wednesday, 13 May 2020

Questions without Notice

JobKeeper Payment

2:24 pm

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

The company that Senator Sheldon references is a wholly-owned subsidiary of a foreign government owned business; a foreign government owned business which has recently released results showing that they are into their 32nd consecutive year of profitability. So I can confirm that the rules that apply to JobKeeper do not provide JobKeeper payments to Australian local government-owned businesses, do not provide JobKeeper payments to any government-owned businesses in Australia and not to foreign government-owned businesses in Australia.

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