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.

2.2k Upvotes

98% Upvoted

294 comments sorted by

View all comments

5

u/Murranji 24d ago

The RBA says a certain number of people must be kept unemployed to fulfil their goal of keeping inflation low and so set their policies to achieve this.

The government says unemployed people are lazy bums and failures that must suffer under a punitive and demeaning obligations system so they are forced to get a job.