As lockdowns ease, it’s logical to cautiously move from protecting jobs in struggling sectors to generating new jobs in growing ones.
For the next year, employers who take on a new worker who has been on JobSeeker or a related benefit will receive A$200 per week for up to 12 months if the worker is aged 16 to 29 years, or $100 per week if aged 30 to 35 years.
- ^ JobMaker Hiring Credit (www.ato.gov.au)
- ^ 450,000 jobs (ministers.treasury.gov.au)
- ^ 10% (docs.employment.gov.au)
- ^ $475,000 (twitter.com)
- ^ far more jobs (www.ceda.com.au)
- ^ Source: ABS, RBA (www.rba.gov.au)
- ^ duration of unemployment (www.ceda.com.au)
- ^ Budget 2020: promising tax breaks, but relying on hope (theconversation.com)
Authors: Peter Davidson, Adjunct Senior Lecturer, UNSW