Labor’s plan, Back To Work, will be a lifeline for locals that the Liberals have left behind.  

The plan includes: 

The Back To Work Act: to establish a $100 million fund providing payroll tax relief to companies hiring unemployed youth, the long-term unemployed and retrenched workers.

The Premier’s Jobs and Investment Panel: an independent body of senior business and industry leaders, providing direct advice to the Premier on the expenditure of $500 million for jobs and investment.

The Future Industries Fund:a $200 million grant program to support job-creating projects in six identified high-growth areas.

Youth unemployment is out of control, and this is a plan that will help young people in Melbourne who can’t find a job.

The Premier’s Jobs and Investment Panel will give business leaders a real voice in the decisions that affect Victoria.

We’ll use the knowledge and expertise of the private sector to cut through the bureaucracy and get things done.

The Future Industries Fundfocuses on six high-growth sectors in which Victoria is ready to lead the world, including pharmaceuticals, new energy, food and fibre, and international education.

Victoria’s newest major industry could start right here on our doorstep, providing thousands of local jobs.

The Liberals have let go of the wheel and they don’t know where the future of our economy is headed.

Unemployment in Victoria is growing 12 times faster than new jobs. It’s increased from 4.9 per cent in December 2010 to 6.8 per cent today. Over 65,000 more people are out of work.

Key Facts

The six high-growth areas are: Medical technology and pharmaceuticals, new energy technology, food and fibre, transport, defence and construction technology, international education and professional services.

The plan will also introduce reverse super trade missions, to bring international business leaders to Victoria, and establish new Victorian Government Business Offices in South America, Turkey and Singapore.

Back To Work builds off Labor’s previous announcements, including Project 10,000 to create 10,000 construction jobs. Labor’s plans for skills and innovation will be announced in the coming weeks.

More information about Back To Work’s individual commitments can be found here.