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Andrew Leigh Profile picture
Andrew Leigh
@ALeighMP
Labor MP in the Australian Parliament. Dad of 3. Economist. Triathlete. Author of 'The Shortest History of Economics', ‘Randomistas’, ‘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)