Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

Our JobMaker plan aims to support about one million jobs over the next four years. Our JobMaker hiring credit will boost jobs growth by offering an incentive for businesses to hire younger jobseekers. Treasury estimates that measure alone will support about 450,000 jobs for young Australians at a cost of about $4 billion. Other job-creating measures which will help all Australians who are looking for work include our record investment in upskilling and reskilling Australians, starting with the establishment of the $1 billion JobTrainer Fund to create more than 340,000 free or low-cost training places, $1.2 billion to create 100,000 new apprenticeships and traineeships with a 50 per cent wage subsidy for businesses who employ them, $1.4 billion— (Time expired)