Andrew Leigh Profile picture
Labor MP in the Australian Parliament. Dad of 3. Economist. Triathlete. Author of ‘Fair Game’, ‘What’s the Worst That Could Happen?’, ‘Reconnected’ and more.
Jun 25, 2021 5 tweets 3 min read
The Kings’ School is Australia's oldest private school. Located on 148 hectares in Parramatta, its 2000 students enjoy 2 pools, 14 tennis courts & an indoor rifle range.

It received at least $7 million in JobKeeper, coyly reported as “Other Income” in its Annual Report.👇(1/5) But a close analysis of the numbers shows Kings' tuition fees (they charge up to $65,000 a year for boarders) barely fell in the pandemic:
* $69.7m in 2019
* $67m in 2020

Overall revenue (including JobKeeper) rose by $6m. (2/5)
Feb 16, 2021 7 tweets 4 min read
Big corporate reporting day today. It'll need a tweetstorm to do it justice. 👇

Auto parts maker @ARB4x4 doubled their profits to $54m in the second half of 2020, after getting $10m in JobKeeper. ARB's dividend is up 56%. Time to back it up & repay the JobKeeper. #auspol (1/7) Retailer Adairs saw its half-year profits more than double to $44m, having received $10m in JobKeeper. Half a cheer for paying back $6m - now it's time to return the rest. #shortsheeted #auspol (2/7)