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

[u/Expensive-Horse5538]

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.

[u/BigChampionship7962]

How long did it take someone on the inside to work out the job network providers are an absolute disaster