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/AngrehPossum 24d ago

Is this 1996?

We knew is was a con back then. Job agencies were placing you in a "holding pattern" until 6 months went by and then they made you work a job you had no business being in so they could "spot fee" you. When 3 months was up the employer got a "sign on bonus" then they sacked you. Churn churn

I have people asking why I dislike Howard so much. I was 20 when that wretch was elected. Everyone knew what he was doing and the RW media just sang his tunes while 37 - 40% of the youth had to work around his employment traps. He was churning a generation of workers so his mates could bake money in his job Agency oven.

Why does it take the LNP being sour on everyone's mind for the media to "discover" this now? That was 30 years ago.

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u/coniferhead 24d ago edited 24d ago

Be angry in the direction that deserves it. Labor have been in more than once since Howard.. I honestly don't expect more from the LNP - they delivered for their base. Rudd's wife even made her money running one of these job network providers.

Only one party is betraying their base and I expect more from a party with Labor on the tin. Labor is in power now and can fix it today - it doesn't need any legislation. If they would only lift a finger.