Jim Chalmers (Rankin, Australian Labor Party, Shadow Treasurer) Share this | Link to this | Hansard source

My question is to the Treasurer. Treasury has confirmed the government's $4 billion Hiring Credit program is only expected to deliver 45,000 new jobs—just 10 per cent of the 450,000 jobs the government announced would be supported by the program. How can Australians trust this government to spend taxpayer dollars in their best interest when its announcements never match its delivery?

Josh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Link to this | Hansard source

I would point the honourable member to Budget Statement No. 1, page 23. I will help him with it. It states:

It is expected that around 450,000 positions for young Australians will be supported through the JobMaker Hiring Credit at an estimated cost of $4 billion from 2020-21 to2022-23.

The JobMaker Hiring Credit will help 450,000 Australian young people find a job. Importantly, they are people who have been on income support—

Opposition Members:

Opposition members interjecting—

Tony Smith (Speaker) Share this | Link to this | Hansard source

If the Treasurer could pause for a second. With regard to interjections: I'm not going to continually keep warning the same people over and over again. If you interject, you'll be ejected.

Josh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Link to this | Hansard source

The JobMaker hiring credit is a vitally important initiative supporting jobs throughout our community but, importantly, focusing on those who are aged 16 to 35, because the numbers show that young people have been impacted most by this crisis, having lost their jobs. So I never thought I would see the day when the Labor Party and the member for Rankin would try to pit younger workers against older workers. We on this side of the House are for all Australian workers and for creating more jobs, using the JobMaker hiring credit to do so.