The Million Jobs Plan

Powering jobs, wages and economic growth

June 2020

We’re helping to deliver 1.8 million jobs

The Million Jobs Plan rebuilds our economy after the disruption of the COVID-19 pandemic and secures a strong future for all Australians. The Million Jobs Plan shows how, in just five years, renewables and low emissions projects can deliver 1.8 million new jobs in the regions and communities where these are needed most. As well as creating new jobs, these opportunities will have many lasting benefits such as revitalising Australian manufacturing industry and improving air quality.

The Million Jobs Plan can rebuild Australia’s economy

Australia faces three urgent economic challenges: reducing unemployment; reducing public debt and improving living standards. The Million Jobs Plan will give a major boost to diverse business sectors and provide jobs throughout Australia – over 70% in regional areas. The plan delivers results almost immediately and its benefits persist for many years. It has been delivered in consultation with dozens of organisations and individuals from across Australia.

The Million Jobs Plan can rebuild Australia’s economy

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Let's realise this once-in-a-generation opportunity

Even in the midst of this crisis, we can build the kind of country we want, for ourselves and our children. The Million Jobs Plan is the framework for how we realise it. Together we can capture this opportunity to modernise our industry, grow our businesses, reskill our workforce and kickstart our economy after the shock of coronavirus.

New jobs for Australia

The Million Jobs Plan identifies key sectors across our economy where strategic investment over the next five years will have the most impact and create the most jobs. These are new jobs created within a five-year period starting in the financial year 2020-21.

New jobs for Australia

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Chris Murphy, former Treasury economist, undertook an independent economic analysis and found The Million Jobs Plan will:

Boost private investment by $25 billion annually, or nearly 2% of GDP, and add 1 to 2% to GDP
Increase real wages by 1% in 2022-2023 and 2% by 2035-2036
Create an estimated 124,000 more jobs by the 2021 financial year

Give a major boost to diverse business sectors and provide jobs throughout Australia – over 70% in regional areas.
Deliver results almost immediately and its benefits will persist for many years

Economic analysis of The Million Jobs Plan

National Economic Impacts of the Million Jobs Plan (a full economic analysis from Chris Murphy, former Treasury economist)
The Million Jobs Plan Summary of Economic Analysis

The Million Jobs Plan launch

On June 29, 2020, The Million Jobs Plan was launched by leading figures in business and industry:

Christiana Figueres, architect of the Paris Climate Agreement and founding partner at Global Optimism
Deanne Stewart, CEO at First State Super
Kevin McCann AO, former Chair Macquarie Group and Origin Energy
Mike Cannon-Brookes, renewable energy investor, co-founder and co-CEO of Atlassian