The Morrison government’s $4 billion JobMaker hiring credit scheme has been snubbed by employers, forcing Treasurer Josh Frydenberg to make changes to it in the upcoming May budget.
The scheme, which was expected to create a total of 450, 000 jobs in two and a half years, has so far failed to generate any real success, with only 521 jobs being created—far from the Treasury’s expectation of seeing 10,000 jobs by this stage. Currently, the hiring credit has had 15,000 registrations and paid out only $800,000 so far.
