Breaking News

Private schools reap hundreds of millions of dollars in jobkeeper funding

Guardian survey of 2020 financial results reveals payments received ranged from $100,000 to $18m The private school sector in Australia has likely reaped hundreds of millions of dollars in extra government funding from jobkeeper and other schemes designed to support not-for-profits during the Covid-19 crisis, despite few recording any significant impact on their revenues. A survey by the Guardian of the handful of schools, which have reported their 2020 financial results early to the Australian Charities and Not-for-Profits Commission finds roughly half have claimed jobkeeper and/or the $100,000 cashflow boost, despite suffering little or no fall in their fee revenue. Continue reading...
http://dlvr.it/S2dwQw

No comments