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Prime Minister Tony Abbott has said he wants his government to be the best friend of Australian workers while addressing CEDA’s State of the Nation conference at Parliament House in Canberra.
02/07/2014
Outlining the Government's budget measures, Mr Abbott said the government wants more people to contribute to Australia through work.
"The new Government wants more Australians to be economic contributors as well as social and cultural contributors and the best way for that to happen is through work," he said.
Mr Abbott also said new welfare policies mean "the days of doing nothing on the taxpayer are over".
"The era of something for nothing is no more," he said.
Welfare reforms will be introduced from July 1, 2014 for job seekers between 18 and 30 years old.
"Under these reforms, young jobseekers, at any time, may commence eligible study or training to receive Youth Allowance for students until this is completed," he said.
Mr Abbott also said from July 1, 2015 work for the dole will become a fully national scheme.
Australia's economic growth risks slowing over the next 40 years while government debt is set to increase significantly, according to Secretary of the Department of Treasury Dr Steven Kennedy. He warned of these fiscal challenges in a speech to CEDA, following on from the 2023 Intergenerational Report.
The rise in geopolitical tensions and an increase in supply chain attacks are some of the challenges in safeguarding Australia's critical assets, CEO of .au Domain Administration Rosemary Sinclair AM and Information Security and Cyber Resilience at Endeavour Energy, Gijo Varghese told a CEDA livestream last week.
Read more Economy February 18, 2021Business investment is at a 30-year low and is not mirroring the optimism seen in other economic indicators like household spending plans and consumer confidence, NAB’s Chief Economist, Alan Oster, told the audience at CEDA’s Economic and Political Outlook (EPO) 2021.
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