The companies that pocketed the most from taxpayer-funded Jobkeeper payments, some getting well over $100 million, have been exposed.
From Tuesday, every publicly listed business that received the payouts throughout the Covid-19 pandemic must disclose their earnings.
The Australian Securities and Investment Commission announced the disclosures would be made publicly available on its website.
The top 10 recipients of JobKeeper payments had combined earnings of $1.4 billion, newly released data has revealed.
The major Australian companies that pocketed the most from taxpayer-funded Jobkeeper payments have been exposed with compelling results (pictured, Qantas planes in Sydney)
Some Aussie companies managed to make a profit from the $101 billion scheme which ran for nearly a year between March of 2020 to 2021 (pictured, The Star casino in Sydney)
Some companies even managed to make a profit from the $101 billion scheme which ran for nearly a year between March 30, 2020, and March 28, 2021.
Others doubled or even tripled their revenue during the nationwide lockdown.
Australis's flagship airline Qantas has the number one slot on the list, receiving a staggering $696.5 million worth of the government subsidies.
Crown Resorts, the nation's largest gambling and entertainment group, is in second place with $198.3 million.
Travel company Flight Centre is next with $152 million of JobKeeper payments, followed by Mosaic Brands at $96.5 million and Star Entertainment at $95million.
Department store Myer (pictured) received $77 million worth of the government subsidies
Event Hospitality & Entertainment, which owns Event Cinemas (pictured) collected a neat $61.5 million from the tax-payer funded initiative
Department store Myer received $77 million worth of government payouts while Event Hospitality & Entertainment collected $61.5 million.
Premier Investments, which owns retail brands including Smiggle, Peter Alexander, Portmans and Just Jeans received $46.5 million.
Seven West Media and Southern Cross Media received a respective $33.4 million and $31.6 million from the government scheme.
Of the top ten recipients, Crown Resorts, Star Entertainment, Myer, and Premier
