Labor, Greens demand changes to inept JobMaker

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Labor has yet to decide whether to support the federal government’s JobMaker hiring credit scheme. However, senior Labor sources have indicated that the Opposition will side withy the Greens in seeking amendments to the draft legislation to ensure that employers cannot sack older staff and replace them with workers under the age of 35 in order to qualify for the subsidy.

Meanwhile, the Australian Manufacturing Workers’ Union has called for labour hire firms to be excluded from the scheme, arguing that they could exploit loopholes in the draft legislation.

From The Guardian:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.