PM dubs economic reform plan ‘JobMaker’

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Paul Osborne
(Australian Associated Press)

 

SCOTT MORRISON’S JOBMAKER PLAN

JobSeeker is the rebadged name for the dole and other payments. JobKeeper is a six-month wage subsidy scheme. Now the government has JobMaker, an economic plan for the future.

BACKDROP

* Government debt rising above 30 per cent of GDP.

* Unemployment at 10 per cent.

* Global trade expected to fall by up to one third and global foreign direct investment by up to 40 per cent.

JOBMAKER

* International trade agreements and support for exporters.

* “Caring for country” at heart of environmental management.

* A high-skilled workforce capable of delivering a stable and innovative finance sector, advanced manufacturing, world-class mining and agriculture, as well as scientific, medical and space research and technology development.

* An opportunity for “those who have a go, to get a go”, including access to essential services.

* Doing “what makes the boat go faster”, supporting small, medium and large businesses through skills, affordable and reliable energy, research, access to finance, more efficient taxes, less regulation and workplace relations reform.

SKILLS AND TRAINING

* The federal government will work with the states and territories to overhaul a “clunky and unresponsive” skills and training system.

* Pilot schemes will allow industry sectors to shape the system to their specific needs.

* The reforms will simplify the thousands of qualifications and units of competency on offer, as well as they way they are funded.

* National Skills Commission will provide detailed labour market analysis, including an annual report setting out Australia’s skill needs, replacing the existing lists for apprenticeships and skilled migration.

* The current $1.5 billion agreement with the states and territories will be changed, with performance measures and greater national consistency (modelled on the hospitals deal which locks in efficient pricing and activity-based funding).

(Source: Speech to National Press Club)

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