Potential Tax Incentive for Career Change in Australia

Potential Tax Incentive for Career Change in Australia
Employment advertisements are highlighted in a newspaper in Melbourne, Australia, on Oct. 9, 2014. Scott Barbour/Getty Images
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The challenges of an ever-changing labour market have prompted the federal government to consider tax incentives for Australians to change careers.

A discussion paper published on Dec. 11 is calling for stakeholders’ views on whether tax deductions on education and training expenses unrelated to a person’s current job could support their future employment.