The impact of JobKeeper and the road ahead

Melbourne-based CPA Krunal Patel sheds light on how some companies took advantage of the JobKeeper subsidies, what zombie companies are, and how unemployment can be tackled posted JobKeeper.

The impact of JobKeeper and the road ahead. Source: Getty Images

For more details, listen to the Gujarati audio above.

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Highlights

• Some companies have returned excess JobKeeper money to the government.
• ATO & other governing bodies are on the lookout for zombie companies that benefitted from JobKeeper.
• Businesses should focus on self-learning. Many FinTech companies have introduced new applications that companies can use to become self-sufficient.

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