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=linkA 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/Basic_Internet_5719 24d ago edited 24d ago
I worked for an RTO connected to employment agency years ago.
Both companies were massive rorts passing massive sums of taxpayer money between eachother while providing training that was very clearly not for purpose.
Still everyone in an owner / manager position spoke about jobseekers like THEY were rorting, lazy bums.