‘Proposal set to create jobs for retrenched workers’

At 1:47 pm 0 Comment Print

NSW Government  will  offer $6,000 Fresh Start tax rebate to businesses employing workers who have recently lost their jobs through large-scale redundancies.

NSW Premier Barry O’Farrell and Treasurer Mike Baird announced the payroll tax rebate initiative as part of a commitment to help workers who have lost their jobs through restructures by giving businesses an extra incentive to hire them.

The $6,000 Fresh Start Support payroll tax rebate includes the existing $5,000 rebate already available under the NSW Government’s Jobs Action Plan (JAP). The JAP provides a payroll tax rebate to businesses that employ new workers in new eligible employment – paid in two parts, at 12 months and 24 months after the employee is hired.

Since 2012, the Jobs Action Plan has helped to create over 91,000 jobs in NSW.

“Ongoing national and global economic uncertainty is contributing to a softening of the national labour market and putting pressure on businesses, but that the NSW Government was encouraged by the latest employment figures”,  Baird said.

O’Farrell  while speaking on the occasion added, “While the latest job numbers show NSW’s relative strength in testing economic times, recent large-scale industry readjustments have left a number of NSW workers without a job.

“I understand the impact job loss can have on families and that’s why the NSW Government is determined to do all we can to support those workers and create new employment opportunities.

National ,

Related Posts

Leave a Reply

Archives

Photo Gallery

About Us

Public Telegraph is an online news portal with an independent voice and focus on content that is original. Our vision is to serve the journalism community as a source of innovation and to build the next great public media brand in Australia. We have an alternative and fresh perspective from the mainstream press. We provide you insightful analysis of today's important events, revealing what they mean to you and your family. We cover a full range of topics including education, health care, human services, immigration, border issues, transportation, water, the environment, criminal justice, poverty, energy, art and culture, sports, opinion, lifestyle and fashion etc.