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Australian Government Coat of Arms

Budget | 2015-16

Budget 2015-16
Australian Government Coat of Arms, Budget 2015-16

Helping all Australians participate

The ability to work and earn an income is a foundation of Australian life

The 2015 Budget provides over $330 million in targeted spending on new jobs initiatives aimed at employers and young job seekers to support the transition to work. Incentives for employers will also help mature age job seekers back into work.

The Intergenerational Report outlines the need to drive economic growth by increasing participation in the workforce. This means we must find ways to help and encourage those outside the workforce to enter or return to work.

Since the Government was elected nearly a quarter of a million new jobs have been created.

The Government is getting the economic fundamentals right, reducing red tape and building confidence in the economy. We are creating the best conditions to support employers to create jobs and ensure that job seekers have the opportunities they need.

Young people in particular tend to have less education, skills and experience.

Many young people are still looking to get their foot in the door, whilst others have disengaged from education and work.

Action is needed to ensure these young Australians are not at risk of being long‑term unemployed, welfare dependent and disconnected from society. This is especially the case for young Australians facing multiple barriers, including mental health concerns.

Many older workers also need support to remain in employment longer or to return to work if they choose.

The Government has announced the new jobactive employment services which improves services for job seekers and employers and is more focused on results. It will achieve this with a balance of obligations, incentives and assistance to help more job seekers into work.

The Government is taking action to address the issue of youth unemployment

The Government is taking action to address the issue of youth unemployment