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 the editor of the Revolving Doors series. She is studying a Bachelor of Communication (Journalism)/Bachelor of Laws at the University of Technology Sydney. She was a finalist for the 2021 Walkley Student Journalist of the Year Award and the winner of the 2021 Democracy's Watchdogs Award for Student Investigative Reporting.