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Billionaires receive tens of millions in dividends from companies on jobkeeper - Vimarsana News

Billionaires receive tens of millions in dividends from companies on jobkeeper

Last modified on Tue 16 Feb 2021 11.31 EST At least 11 billionaires last year received dividends totalling tens of millions of dollars from companies that received jobkeeper subsidies designed to keep workers employed, new research shows. The research, commissioned by the opposition frontbencher Andrew Leigh, shows that retail moguls Solomon Lew and Gerry Harvey were among those receiving the payments. Leigh said the payments came against a backdrop of the rich doing extremely well during the pandemic, with Forbes estimating that the average Australian billionaire’s wealth increased by 59% ...

New jet for Kerry Stokes, Forrest next in queue - Vimarsana News

New jet for Kerry Stokes, Forrest next in queue

New jet for Kerry Stokes, Forrest next in queue Share Kerry Stokes has upgraded his wings. We must however concede our original mail was slightly off: the Seven Group chairman hasn’t taken delivery of a new Global Express 6000 (the preferred runabout of Visy chairman Anthony Pratt), he’s lashed out on the 7500! Kerry Stokes took delivery of his new Bombardier Global Express 7500 on Monday.   Grahame Hutchison As far as we know, Stokes is only the second Australian to own the new Bombardier varietal (list price: $94 million), the first from the Canadian manufacturer that can fly between ...

Source: afr.com