Australian Business Bosses Urged to Forgo Bonuses

Australian Business Bosses Urged to Forgo Bonuses
A man looks at an electronic board displaying stock information at the Australian Securities Exchange, operated by ASX Ltd. in Sydney, Australia on March 16, 2020. Brendon Thorne/Getty Images
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Business Council of Australia chief Jennifer Westacott believes firms receiving JobKeeper for their staff shouldn’t be paying executives bonuses.

She also feels companies should be exercising some “very careful judgment” when paying dividends while receiving the wage subsidy.