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Allan government unveils $14m rescue package as it braces for AI-driven job losses

Herald Sun

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The Allan government has committed millions of dollars to shield workers from AI-driven redundancies, but has admitted it has no financial modelling on what the crisis will cost the state.

Summary

The Victorian state government has launched a $14 million initiative to support workers facing potential displacement due to rapid AI integration. While the fund aims to mitigate the socioeconomic impact of automation, the government acknowledged a lack of comprehensive financial modeling regarding the long-term scale of the crisis. This development highlights regional efforts to manage the disruptive transition period of AI adoption, focusing on labor market stability through state-based governance frameworks.

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Allan govt unveils $14m rescue package as it braces for AI-driven job lossesThe Allan government has committed millions of dollars to shield workers from AI-driven redundancies, but has admitted it has no financial modelling on what the crisis will cost the state. Sale now on Unlock this story and more with your subscription Full Digital Access What’s included Unlimited articles on app & web Subscriber-exclusive newsletters A digital version of Today’s Paper Enjoy puzzles SuperCoach Plus stats & analysis while playing LIMITED TIME OFFER Pay As You Go No lock-in contract $1 a month for 2 monthsThen $35 charged monthly.* *Read the fine print Full Digital Access $1 charged monthly for a duration of 2 months, after which it automatically renews at $35 charged monthly. Renewals occur unless cancelled as per full Terms and Conditions. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. New customers only. Prices after any early discounted periods may be varied as per full Terms and Conditions. See www.heraldsun.com.au/subscriptionterms for full details. 12 Month Plan Lock in & save $22 a month for the first 12 months($264 min. cost). Then $22 charged monthly.* *Read the fine print Full Digital Access 12 Month Plan costs $264 (min. cost) for the first 12 months, charged as $22 every month. This automatically renews after the first 12 months to be charged as $22 (min. cost) every month. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12 months. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. Prices after the first 12 months may be varied as per full Terms and Conditions. See www.heraldsun.com.au/subscriptionterms for full details. Pay As You Go $1 a month for 2 monthsThen $35 charged monthly.* Subscribe now Other subscription options Print + Digital Subscriptions Corporate Subscriptions Your Selection: $0 Your Selection – Change selection Today’s Total $0 Read the fine print Terms and Conditions Sorry, we are unable to process your request at this time. Please try again later.