Career planning, often viewed as most relevant for school leavers and university graduates, is now considered just as important for mid-life and later-life careers. It is not only relevant for career success but also for understanding work options, expanding occupational choice, increasing employability and job mobility, improving salaries, engaging in continuous re-skilling and extending working lives.
National Seniors has welcomed the scrapping of the $2,000 a year cap on tax deductions for professional education.
The cap was announced by Labor in the May Budget to save an estimated $266 million but Treasurer Joe Hockey said the policy was “flawed” and would be axed.
Michael O’Neill said the cap had been a barrier to older workers, many on low incomes.
“People over 50 who are trying to educate themselves and get a job or to further their professional education will be relieved the cap is scrapped,” O’Neill said.
A proposed $2000 a year cap on tax deductions for professional education was a short-sighted slap in the face for older workers, National Seniors says.
The move announced in the May budget was also contrary to the federal government’s own strategy for overcoming barriers to employment for older workers.
National Seniors’ chief executive Michael O’Neill said that if the legislation comes into force on 1 July 2014, it will impose an additional barrier on people maintaining their skills and could hasten the retirement of experienced skilled professionals.
Community groups and not-for-profit providers who run training courses for seniors are being encouraged to apply for federal government grants up to $20,000.
Last year, the Economic Potential of Senior Australians Advisory Panel said that life-long learning was critical to enable senior Australians to adapt and remain active participants in a changing society and economy.
Businesses hiring older workers will get a $1,000 incentive from the Federal Government.
But under the Jobs Bonus Scheme which comes into force in July, workers must be aged over 50 and kept on the company payroll for at least three months.
National Seniors chief executive Michael O'Neill said the payment was a good first step in overcoming the barriers to employment facing older workers.
"If you lose your job at 50, getting back into the workforce is an enormous challenge," he said.
Australia’s sixth Ageing Population Summit was told this week that the NSW Government was developing policies that would help the state respond to the ageing of the population.
NSW Minister for Ageing, Peter Primrose, said that by 2036 the population of NSW aged 65 years and over was forecast to increase by more than 111% and represent 21.5% of the State’s population.
A new state-of-the-art computer matching service linking volunteers with organisations needing their skills or time was launched in Victoria this week by the Minister for Community Development Lily D’Ambrosio.
The new matching service will make it easier for people across Victoria to learn new skills, share existing skills, make new friends, as well as filling local volunteering vacancies.
National Seniors Australia welcomed the Coalition’s announcement to abolish the Superannuation Guarantee age limit but stressed it’s just the first step in tackling ageism.
National Seniors chief executive Michael O’Neill applauded today’s announcement by the Coalition to totally abolish the Superannuation Guarantee age limit from July 1, 2013 if elected to government.
Older Australians have welcomed Government moves announced by the Treasurer as a first step to improve mature age participation in the workforce through retention, re-skilling and mentoring initiatives.
Speaking at the Government's Productive Ageing Package launch, National Seniors chairman, Everald Compton, said improving the employment prospects of older Australians was key to tackling the challenges of an ageing population.