Frydenberg's JobMaker Fumble

13 October 2021

According to new documents obtained under Freedom of Information, the flagship policy of Josh Frydenberg’s 2020 federal Budget has supported barely 1 per cent of the 450,000 jobs he promised.

RICHARD MARLES MP
DEPUTY LEADER OF THE AUSTRALIAN LABOR PARTY
SHADOW MINISTER FOR NATIONAL RECONSTRUCTION, EMPLOYMENT, SKILLS AND SMALL BUSINESS
SHADOW MINISTER FOR SCIENCE
MEMBER FOR CORIO

 

JIM CHALMERS MP

SHADOW TREASURER
MEMBER FOR RANKIN
  

FRYDENBERG’S JOBMAKER FUMBLE

 


According to new documents obtained under Freedom of Information, the flagship policy of Josh Frydenberg’s 2020 federal Budget has supported barely 1 per cent of the 450,000 jobs he promised.

 

This is yet another Frydenberg fumble from the Butterfingers of Australian politics.

 

JobMaker was always a slogan not a solution, and a photo op not a policy.
 

  • Josh Frydenberg said JobMaker would support 450,000 jobs – according to Treasury, it’s only supported 5,278.

 

  • Josh Frydenberg said JobMaker would invest $4 billion to get Australians working - according to the Treasurer himself, it’s only invested $93 million.

 

This is yet another embarrassing admission of failure from the Treasurer, just days after a report into his incompetent mismanagement of JobKeeper revealed billions and billions of dollars went to businesses which increased their turnover.

 

If Josh Frydenberg hadn’t wasted billions of dollars on businesses which didn’t need taxpayer funds, he would have had more room to support small businesses which he excluded for no good reason and young Australians desperate to re-enter the workforce.

 

This is yet another costly Morrison Government mistake and Australian workers are paying the price.

 

How can Australians trust Scott Morrison and Josh Frydenberg to deliver on any future promises when they fell 99 per cent short of their Budget centrepiece?

 

The Liberals and Nationals are all announcement and no delivery and this latest embarrassment shreds what little remains of this tired, eight-year-old Government’s economic credibility.

 


WEDNESDAY, 13 OCTOBER 2021