Thread by @BelindaJones68

Hey @MathiasCormann @JoshFrydenberg

Did you two do the figures for #JobTrainer?

I'm just asking bcuz they don't add up.

Let's take a closer look at what @ScottMorrisonMP & @SenatorCash announced today.

🐝
#auspol

$2 billion #JobTrainer announcement was split into two parts:

Part 1
$1.5 billion to subsidize 180K apprentices until March 2021

Part 2
Commonwealth training commitment of $500 million + this amount will be matched by the states $500 million = $1 billion in total

🐝
#auspol

Let's look at Part 1:
$1.5 billion subsidies for 180K apprentices

PM's media release states business will receive "up to $7000 per quarter"

Sept 2020 to March 2021= 2 qtrs (or $14K per apprentice)

180K x $14K = $2.52 billion

($1 billion more than PM's announcement)
🐝
#auspol

Let's look at Part 2

$500 million from C'wealth + $500 million from states = $1 billion

$1 billion divided by 340,700 training places = $2935.13

$2935.13 for a 'short course'????

Sounds a bit high to me - how long exactly is a 'short course' @ScottMorrisonMP?
🐝
#auspol

So, @ScottMorrisonMP @MathiasCormann @SenatorCash @JoshFrydenberg y'all might want to double-check your #JobTrainer figures.

Looks like you've blown the budget by $1 billion from what I can see & paying nearly 3 grand for a 'short course' is being ripped blind.
🐝
#auspol

Source:
pm.gov.au/media/press-co…

🐝
#auspol

Source:
pm.gov.au/media/jobtrain…

🐝
#auspol