Reform to Regional Jobs Incentive to Drive Growth

Reform to Regional Jobs Incentive to Drive Growth

Details

  • Date
    2 September 2014
  • Category
    News

The NSW Government has announced changes to its Regional Relocation scheme as part of ongoing efforts to drive growth and employment in regional areas.

Under the changes, additional funding will be delivered to continue the successful $10,000 Skilled Regional Relocation Incentive, which is tied to secure full-time employment over two years.  Since it was introduced earlier this year, the Skilled Regional Relocation Incentive has helped attract a broad range of professions to regional NSW, including doctors, architects, real estate agents, engineers, mining and farming workers, chiropractors, optometrists, teachers and police officers. 

Three-quarters of recipients of the Skilled Regional Relocation Incentive have been under 40 years of age.

It is estimated the continuation of the skills incentive will help deliver 85 successful job seekers or business operators and their families to regional NSW per month.

The Regional Relocation Homebuyers Grant, which has not been as successful in stimulating growth and employment in regional NSW, has been abolished, effective from September 30.

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