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You are here Home » News & events » All stories » The successor to JobKeeper can’t do its job. There’s an urgent need for JobMaker II The successor to JobKeeper can’t do its job. There’s an urgent need for JobMaker II 08 April 2021 This month there are none. Treasury thinks up to 150,000 will lose their jobs. Credible estimates put the number higher, at as much as one quarter of a million. In its place, the government introduced a A$4 billion JobMaker Hiring Credit. It will giv...

Renee Fry-McKibbin, Peter M. Downes and Warwick J. McKibbin April 8, 2021 Until the end of last month one million workers were paid by JobKeeper. This month there are none. Treasury thinks up to 150,000 will lose their jobs. Credible estimates put the number higher, at as much as one quarter of a million. In JobKeeper’s place, the government introduced a A$4 billion JobMaker Hiring Credit. It will give employers, who can demonstrate that a new employee will increase overall headcount (and p...

This month there are none. Treasury thinks up to 150,000 will lose their jobs. Credible estimates put the number higher, at as much as one quarter of a million. In its place, the government introduced a A$4 billion JobMaker Hiring Credit. It will give employers who can demonstrate that a new employee will increase overall headcount (and payroll) $200 per week if the new hire is aged 16-29, or $100 if the new hire is aged 30-35. Billions on offer, little takeup Employers will get nothing for n...