Our financial analysis of the major earners from the publicly funded jobactive model suggests that it is primarily American-owned multinational corporations who are profiting, in the billions, from the privatised employment services model.
The two largest jobactive providers, Max Solutions and APM are both controlled by American investment firms and together account for 56% of the $3.3 billion handed out to employment service providers since its inception in 2015.
Report prepared for GetUp by Michael West Media.
For the full report, click here.
Callum Foote was a reporter for Michael West Media for four years.
Stephanie is a journalist with a passion for uncovering stories that hold power to account. With a background in both law and journalism, she has worked at The Guardian and as a paralegal, where she assisted Crikey’s defence team in the high-profile defamation case brought by Lachlan Murdoch. Her reporting has been recognised nationally, earning her the 2021 Democracy’s Watchdogs Award for Student Investigative Reporting and a nomination for the 2021 Walkley Student Journalist of the Year Award.