News & Views
22nd October 2020
$1.2 Billion Wage Subsidy Program for Apprentices and Trainees
The Federal Government has pledged $1.2 billion to subsidise wages for 100,000 new apprentices and trainees from 5 October 2020 to 30 September 2021.
The ‘Boosting Apprenticeship Commencements’ subsidies are effective from October 5, and will be available to businesses of all sizes, in all industries and locations, until a cap of 100,000 is reached.
Employers will be able to receive subsidies for 50% of the wages of a new or recommencing apprentice or trainee up to the value of $7,000 a quarter, for the period until September 30, 2021.
The program builds on a similar wage subsidy scheme, first announced in March and then extended in July, that supported employers who already had apprentices or trainees working for them.
Who is eligible?
Your business may be eligible if:
- you engage an Australian Apprentice or trainee between 5 October 2020 and 30 September 2021, and
- your 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.
How do I apply?
NECA Careers & Apprenticeships (NCA) is a Group Training Organisation specialising in employing electrical, data/communications and refrigeration/air conditioning apprentices and placing them with host employers.
They will work with you to source the right apprentice for your business, including passing on all of the subsidies and JobKeeper payments.
To take advantage of the flexibility that Group Training provides, as well as all the fantastic support currently available, contact NECA Careers & Apprenticeships (NCA) on (08) 8272 0799 or visit their website.
For those businesses looking to employ their own apprentice, simply complete the “Boosting Apprenticeship Commencements Registration Form” which can be obtained from your Australian Apprenticeship Support Network (AASN) Provider. NECA SA/NT and NCA are partnered with MEGT Australia and you can contact them on 136 348 or visit www.megt.com.au
Once you have contacted the AASN and filled out the application form subsidies and payments will be credited direct into employers nominated bank account.
Get in quick because the program is capped at 100,000 new apprentices and trainees.
Download the Fact Sheet for more information.