News

Jobs bonus scheme to help over 50s

TREASURER Wayne Swan says a plan to offer employers $1000 to hire people over the age of 50 is designed to stop older Australians being locked out of the workforce.

The Federal Government on Wednesday Apr 18 announced the Jobs Bonus scheme, to come into effect on July 1 at a cost $10 million over four years, as part of its response to the Economic Potential of Senior Australians report.

To be eligible for the $1000 payment employers will need to retain a person over the age of 50 for at least three months. The payments will be limited to 10,000 businesses.

Mr Swan, who left on Wednesday for the G20 meeting in Washington, told ABC radio Australia needed to do more to unlock the "enormous economic potential" of older Australians.

"Too many senior Australians have been locked out of the workforce by discrimination, by stereotypes and so on," Mr Swan said.

"We think it's very important to make sure we unlock that economic potential of so many people who do wish to work.

"So we've accepted their advice (the report's authors) and what we are going to do is to work with the business community to encourage them to hire more mature age Australians.

"You see, the labour force participation rate of mature age Australians is lower here than it is elsewhere in the OECD. We need to lift that up and we need to unlock that enormous potential and that's what the report recommended to us and that's what we're doing."

The Federal Government announced a raft of measures in response to the report, including an extension of its Corporate Champions program, which provides financial support to business that promote mature aged employment.

Speaking in Melbourne, Opposition Leader Tony Abbott provided backhanded support for the plan.

Mr Abbott said the Coalition had taken a similar policy to the 2010 election.

"This of course is catch-up politics from the government," Mr Abbott said.

"They have almost directly lifted from the Coalition one of our policies at the last election."

Under the Coalition policy businesses that employed senior workers for more than six months would have received $3250.

"I just wish that we had had the chance to put this policy effectively in place straight after the last election," Mr Abbott said.

National Seniors Australia chief executive Michael O'Neill welcomed the scheme, but said it needed to be part of a "wider package" to help older Australians overcome the challenge of gaining employment.

"This payment is a good first step in overcoming the barriers to employment facing older workers," he said.

"We'd like to see greater training and advancement opportunities for older Australians and a refinement of existing age discrimination laws," Mr O'Neill said.

Seniors cash
The Federal Government's response to the Economic Potential of Senior Australians report:

  • $10m for a new $1000 Jobs Bonus for employers who recruit and retain a mature age job seeker for more than three months.
  • $15.6m to extend the successful Corporate Champions program to provide support to employers who wish to promote mature aged employment at their workplace.
  • $3.9m to extend the Career Advice service by two years to ensure mature age people have access to free, professional career advice.
  • $4.8m to promote lifelong learning by expanding education opportunities by adult and community education providers and community organisations to older Australians.
  • Expanding the More Help for Mature Age Workers initiative, to now be called the "Investing in Experience - Skills Recognition and Training program, to allow industries to benefit from improving the skills of their over-50s workforces.

Topics:  employment wayne swan



How to do Eat Street the right way

EVERYTHING you need to know to get the most out of your Eat Street experience and to avoid a food coma when you’re only one stall deep.

Don’t go chasing waterfalls…find them on these drives!

The Scenic Rim is just one place nearby that you'll love.

BRISBANE isn’t all bright lights and city slickers.

Science Festival seriously awesome

Don't miss the World Science Festival Brisbane!

CALLING everyone who wants to see something totally cool.

Drink where the cool kids do this summer

There are a bunch of new bars open in Brisbane, make sure you're there!

CHECK out these new funky bars.

Discover Brisbane’s laneway gems

Brisbane's laneways will surprise you.

NOT all of Brisbane City is as it seems…

Top five things to experience this summer in Brisbane

Tangalooma is amazing if you're keen for a dive, kayak or swim.

THIS summer get out and explore your capital city.

Your boots are made for walking these tours

Brisbane Greeters tours are a great way to learn the local history of the city.

YOU don’t need a bike or bus for a seriously good tour of Brisbane.

Burrum horsewoman Edna Cairns to be saluted

TRUE BLUE: The late Edna Cairns will be honoured at a Burrum District Active Riders Sports Day  on Sunday.

"She was just such a fantastic horsewoman."

Cane farmer to be cut off from water supply

HIGH AND DRY: Walkers Point sugar cane farmer Norm Muller amongst his cane fields on Beaver Rock Rd.

"That's our income for this year," he said.

Local Partners

Un-American tale makes Lion weakest link in Oscars line-up

PSYCHOLOGY researchers find US films and actors most likely to win accolades at the Oscars.

Can rightful winner Midnight take out golden Gosling in Oscars?

Can Lion pip La La Land at the post in this year's Oscars? Sunny Pawar (pictured) helped bring a powerful film to the big screen.

WILL Aussie film Lion triumph or will popular La La Land prevail?

Living End, Grinspoon stars hit stage for American Idiot

Chris Cheney of The Living End stars in the Australian production of Green Days musical American Idiot at Brisbane's QPAC Theatre.

TAKE a look behind the scenes of Green Day's American Idiot musical

Samuel L Jackson dismisses La La Land ahead of Oscars

Ryan Gosling and Emma Stone in a scene from the movie La La Land.

Hollywood actor and Oscars voter says Denzel should win top gong

Live performance of Sci-fi classic to open Science Festival

Qld Symphony Orchestra perform live to 2001: A Space Odyssey.

Festival will host A Live Presentation of 2001: A Space Odyssey.

'Why we drove 800km to buy a treehouse with a disco ball'

The new owners have planned a few updates, but will stick with much of the original design.

A couple travelled almost 800km for the home of their dreams.

The trick homeowners are using to buy more properties

Chantelle Subritzky leaves her home each week for Airbnb guests.

Queenslanders are going down this path to help pay their mortgages

Stunning home blends South Pacific beauty with Orient style

Immaculate residence with two outdoor living areas

$140k damage: landlord says property trashed, contaminated

He had what he calls "the tenants from hell"

Submarine, buses and 3000 tyres removed in $100K clean up

The list of things removed from this property is beyond astonishing

Ready to SELL your property?

Post Your Ad Here!