Pensioners and jobseekers will be able to work more without losing payments, while Tafe and apprenticeships will get a funding boost in Working Future reforms
The treasurer, Jim Chalmers, said the white paper provides “the roadmap for Australia to build a bigger, better-trained and more productive workforce – to boost incomes and living standards and create more opportunities for Australians to participate to their full potential”.After the jobs and skills summit in September, Labor allowed aged pensioners and veterans to earn up to $4,000 more a year before seeing a reduction in their pension, a key demand of the Coalition.
The paper noted that 78% of jobseeker recipients “do not make use of the income free area” while those who do earn income “do not appear to restrict their income to align with the income free area threshold”. Labor will seek to legislate so that from 1 July 2024, recipients of payments will have up to six months in a job before they lose their connection to the welfare system.
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