New financial incentives which will boost workforce participation and get more young job seekers off welfare and into work have been welcomed by Federal Member for Pearce Christian Porter.
The Coalition Government today introduced legislation into Parliament which will deliver on two key election commitments.
Mr Porter said the financial assistance will provide an incentive for local, young unemployed people to get a job and remain in the work force.
“The Job Commitment Bonus will pay eligible long-term unemployed people aged 18-30 $2,500 if they get a job and remain in continuous work for 12 months,” he said.
“A further $4,000 will be paid if they remain in continuous work and off income support for two years.
“The Relocation Assistance to Take Up a Job provides up to $6,000 to eligible job seekers who relocate to a regional area or $3,000 to eligible job seekers who relocate to a metropolitan area. Families with dependent children can be provided with an extra $3,000 in recognition of any other additional costs.”
Mr Porter called on the Labor Party to support the legislation and give job seekers a real chance to find and keep a job.
“The Coalition Government is determined to prevent young job seekers from sliding into long-term welfare dependency and to reward positive, pro-work behaviours,” he said. “We have a plan to build a stronger economy and provide targeted assistance to create new job opportunities.
“Youth unemployment skyrocketed under the previous Labor Government. Labor must acknowledge this shameful legacy to job seekers and support this legislation so eligible unemployed Australians can benefit from these incentives.”