Myerâs future is online and merged Myer would have survived without the $51m it received in JobKeeper but it would have been left in a seriously weakened condition, says Terry McCrann.
Business by Terry McCrann
Premium Content
Subscriber only Like Qantas, which I discussed last week, Myer would have survived without JobKeeper. But it would have survived in a seriously weakened financial and operating condition. Not that it went into virus and lockdown 2020 in all that great shape in the first place, of course. Although it did get a surprise benefit from the lockdown - and from its long-time bete noire, billionaire Solomon Lew.
Myerâs future is online and merged Myer would have survived without the $51m it received in JobKeeper but it would have been left in a seriously weakened condition, says Terry McCrann.
Business by Terry McCrann
Premium Content
Subscriber only Like Qantas, which I discussed last week, Myer would have survived without JobKeeper. But it would have survived in a seriously weakened financial and operating condition. Not that it went into virus and lockdown 2020 in all that great shape in the first place, of course. Although it did get a surprise benefit from the lockdown - and from its long-time bete noire, billionaire Solomon Lew.