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ARTICLE · 09 OCTOBER 2020

Employment issues from the 2020-21 Federal budget

The budget addresses the impact of the pandemic on the Australian economy, with a particular focus on employment issues.

AustraliaGovernment, Public Sector

In what has been billed as one of the most important budgets in Australia's history, the Australian Treasurer Josh Frydenburg presented the Federal Government's 2020-21 budget. In this article we examine the employment issues from the 2020-21 Federal Budget.

Predictably, the 2020-21 budget is aimed at addressing the impact that the pandemic has had on the Australian economy, with a particular focus on employment in comparison to previous years. We have set out the major announcements and issues to come out of the Budget and their impact on employers.

JobMaker wage subsidy scheme

One of the employment issues from the 2020 Federal Budget involved the Treasurer announcing the introduction of the JobMaker Hiring Credit, the government's wage subsidy program which aims to boost the number of new jobs for Australians under the age of 35. Under the JobMaker Plan, employers will be subsidised to the tune of $200 per week to employ workers who are between the ages

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