JobMaker hiring credit: $200 per week incentive for businesses that will employ young Australians

With the announcement of the Federal budget comes the JobMaker hiring credit scheme, a new program that aims to incentivise businesses that will employ young Australians aged 16-35.

The government's JobMaker plan has been lauded as a lifeline for young Australians, but there are worries about older staff who are left out. Source: SBS News

Highlights

• Young and low-skilled workers have seen the largest increase in unemployment.
• The new incentive will be available for businesses who will employ young Australians.
• The $4 billion dollar JobMaker scheme aims to get more Australians back into jobs sooner.

A total of 950,000 jobs are expected to be generated within the next 4 years.

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