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Showing posts with label Recoup. Show all posts
Showing posts with label Recoup. Show all posts

Friday, December 2, 2022

Bryce Edwards: Clawing back $7bn of corporate welfare


The taxpayer is short of billions of dollars that were overpaid to businesses during Covid according to Christchurch philanthropists Grant and Marilyn Nelson. They are taking legal action against state agencies to push them to recoup up to $7bn that was wrongly paid out to wealthy employers who didn’t need it or use it for its intended purpose.

A Judicial Review is being sought in the Wellington High Court against the Auditor General, who has decided not to force businesses to repay the billions of dollars.