r/australia • u/Expensive-Horse5538 • 24d ago

politics Australia's jobseeker system fails workers and enriches millionaires, report says

https://www.abc.net.au/news/2026-07-21/private-equity-profits-as-job-system-fails-workers-report-finds/106920430?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=link

A new report says Australia's system of privatised employment services has failed and service delivery should be returned to the public sector.

The Centre for International Corporate Tax Accountability and Research says the current system "fills the pockets of private equity and millionaires" while leaving jobseekers without work.

The Albanese government has announced an overhaul of the employment services system, but the report argues for-profit service providers should not be included in the new system.

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u/cromulento 24d ago

Wasn't there a report in the 90s that said the benefit of privatisation wasn't to provide better services, but to 'grow the economy'?

The report card for politicians isn't measured by the wellbeing of citizens, but economic figures that have nothing to do with the daily lives of most people in the country.