New Government funding released on 5 October 2020 – Boosting Apprenticeship Commencements Wage Subsidy

Posted on: October 13th, 2020 by Petra

To assist with the recovery from the impact of COVID-19, the Australian Government is providing support to all employers who engage a new Australian apprentice. The Australian Government has announced the Boosting Apprenticeship Commencements wage subsidy to support employers and Group Training Organisations to take on new apprentices and trainees.

  • A business or Group Training Organisation may be eligible if an Australian apprentice is engaged between 5 October 2020 and 30 September 2021
  • The Australian apprentice or trainee is undertaking a Certificate II or higher qualification, and has a training contract that is formally approved by the state training authority
  • Eligible employers and Group Training Organisations will receive a wage subsidy of up to 50% of the Australian apprentice’s gross wage paid
  • The wage subsidy is available for a maximum of $7,000 per quarter per eligible Australian apprentice
  • The subsidy is available for wages paid from 5 October 2020 to 30 September 2021
  • The subsidy is available to employers of any size, industry or geographic location
  • The subsidy is capped at 100,000 places
  • The subsidy is not available for any apprentice receiving any other form of Australian Government wage subsidy e.g. Supporting Apprentices and Trainees or JobKeeper
  • Payments will be made quarterly in arrears, with first claims for the subsidy available from 1 January 2021
  • Final claims for payment must be lodged by 31 December 2021

For more information visit: https://www.employment.gov.au/boosting-apprenticeship-commencements

 

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