PHOTO: Quinovic has claimed $260,000 in wage subsidy.
A property management company that got in trouble for a “tone deaf” email to renters at the beginning of the lockdown has claimed hundreds of thousands of dollars from the Government’s wage subsidy scheme.
Six Quinovic branches up and down the country have claimed $267,000 so far. The property management company has several other branches, which do not yet appear on the register.
Quionvic chief operating officer Paul Chapman said the owners of the Quinovic franchises claiming the subsidy had “made the decision to claim the wage subsidy as they have assessed their future revenue and considered that it was likely to drop sufficiently to meet the required Government thresholds due to the impact of Covid-19 and the Level 4 lockdown”.
A business has to have its revenue decline, or project its revenue to decline by 30 per cent compared to the same period of last year.
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