The Australian Government has announced a $1.2 billion Boosting Apprenticeship Commencements program which will provide a wage subsidy to support businesses and Group Training Organisations taking on new apprentices and trainees.
Any businesses or Group Training Organisation that engages an Australian Apprentice on or after 5 October 2020 may be eligible for a subsidy of 50 per cent of wages paid to an apprentice between 5 October 2020 and 30 September 2021, to a maximum of $7,000 per quarter.
This assistance will support 100,000 new apprentices and trainees across Australia, and is in addition to the Supporting Apprentices and Trainees wage subsidy which is helping small and medium businesses to keep their apprentices and trainees in work and training.
For more information read the Boosting Apprenticeships Commencements fact sheet.
For further information on how to apply for the subsidy, including information on eligibility, contact an Australian Apprenticeship Support Network provider.