Support for older workers

Font Size:

The creation of the Mature Age Participation – Job Seeker Assistance program will cost $26 million and will aim to provide practical help for job seekers aged 55 and over. This will focus on designated areas or industries so job seekers are ready when a job becomes available. The program will also provide up to $500 per participant to purchase the things they need to get them ready for work, such as home internet connection and hardware or software to help them search for work

Through the National Workforce Development Fund the Government will work with industry to promote up-skilling and re-skilling of mature age workers.

These measures are in addition to the $1000 Job Bonus provided to employers who recruit older job seekers.

Also, the Corporate Champions program will be extended at a cost of $15.6 million. Corporate Champions promote the employment of older workers in their companies.

However, the Mature Aged Worker Tax Offset (MAWTO) will be phased out to fund some of these additional measures. The MAWTO will be maintained for those who are 55 or older on 1 July 2012, as those already receiving the offset have factored this in to household budgets.

Written by Debbie McTaggart


Sign-up to the YourLifeChoices Enewsletter

continue reading

Superannuation News

Is your super fund heading for a double-digit year?

One year ago, the prospect of superannuation funds recording double-digit returns seemed inconceivable, but that it exactly where a lot...


Napping could help you stay mentally agile

We all have nights when we fall seriously short of the recommended eight hours of shut-eye, and the following day...

Health news

Link found between pro-inflammatory diets and 27 chronic diseases

Meghan Hockey, Deakin University and Wolfgang Marx, Deakin University Almost half of all Australians live with a chronic disease, which...

Aged Care

Friday Reflection: Why did I wait so long?

I'm ex-RNAS and ex-RNZN. Widowed, six years back, our bedrooms upstairs. Perfect, while both active. However, isn't there always a...


National Cabinet to fast-track COVID-19 vaccination for over 50s

Australia will fast-track its COVID-19 vaccine rollout for people older than 50 next month, as National Cabinet seeks to reset the...

Health Insurance

Six reasons your health fund won’t give you a better deal

Do you trust your health fund to give you a better deal? If you think you’re paying too much, it...


Monoclonal antibodies useful for fight against COVID variants

Monoclonal antibodies could prove a game changer for COVID-19 prevention after a trial found they reduced the risk of coronavirus...


Friday Funnies: Science says

  Here are five of the funniest jokes of all time. If you disagree, don’t blame us. Professor Robert Dunbar...