$1.2 BILLION APPRENTICE EMPLOYMENT INCENTIVE

$1.2 BILLION APPRENTICE EMPLOYMENT INCENTIVE 

Senator the Hon Michaelia Cash, Minister for Employment, Skills, Small and Family Business has announced a $1.2 billion investment to support businesses to employ 100,000 new apprentices and trainees.

Commencing on 5 October 2020, businesses who take on a new Australian apprentice will be eligible for a 50 per cent wage subsidy.

The subsidy will be available to employers of any size or industry, Australia-wide, who engage an Australian apprentice or trainee from 5 October 2020 until the 100,000 cap is reached.

Employers will be eligible for 50 per cent of the wages for a new or recommencing apprentice or trainee for the period up to 30 September 2021, up to maximum of $7,000 per quarter.
This builds on the existing $2.8 billion invested in the Supporting Apprentices and Trainees wage subsidy that is assisting employers to retain their apprentices and trainees.

Further information will be available over the next few days.

Dwayne Hawthorne

Not as creative as he'd like to be, but if you want detail he is the one to go to.

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