News National No Treasury modelling for 1.25m jobs vow

No Treasury modelling for 1.25m jobs vow

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Chris Bowen says it's "lazy and reckless" for the government's job promise not to be supported. Photo: AAP
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Treasury has provided no modelling to support Scott Morrison’s promise to create 1.25 million jobs over five years.

Labor lodged a freedom of information request to Treasury seeking all documents and modelling related to the pledge, which the Prime Minister made in January.

“The Treasury holds no documents within the scope of your request,” the department said in a response released on Monday.

Shadow treasurer Chris Bowen said it was “lazy and reckless” for the pledge to not be supported by appropriate modelling.

“The Liberal Party is quick to get Treasury to model and cost Labor’s policies but they couldn’t be bothered getting their own policies modelled,” he said.

At recent Senate estimates, Treasury officials said the 1.25 million jobs target was at odds with the department’s budget figures.

“When asked about the government’s jobs’ target, the deputy secretary of macroeconomic group confirmed that the government’s target would require annual jobs growth of 1.9 per cent,” Mr Bowen said.

“Which is higher than the 1.5 per cent or 1.75 per cent assumed in current budget figures.”

Trade Minister Simon Birmingham said the proof of the pledge was “in our policies”.

The Coalition had overseen the creation of 1.2 million jobs in the past five-and-a-half years, instead of the 1 million promised, he said.

“In doing so, we’ve seen record growth in youth employment, we’ve seen female workforce participation at its highest level ever,” the Minister told Sky News on Monday.

“Under our policy settings, we’re confident we’ll continue to grow and deliver that jobs growth.”