To assist with the recovery from the impact of COVID-19, the Australian Government is providing support to all employers who engage an Australian Apprentice or Trainee – this can be new or, in some cases, existing staff.
The $1.2 billion Boosting Apprenticeship Commencements wage subsidy will support businesses and Group Training Organisations to take on new apprentices and trainees, help pay for eligible current employees as they upskill, to build a pipeline of skilled workers to support sustained economic recovery.
The intent of the Program is to provide assistance and support to workers to assist them to gain new, formally recognised, relevant skills needed for Australia’s contemporary workplaces.
Any business or Group Training Organisation that engages an Australian Apprentice or Trainee on or after 5 October 2020 may be eligible for a subsidy of 50 per cent of wages paid to an apprentice or Trainee 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 (new and eligible existing staff) 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.