Extension for Australian apprenticeship subsidy
- PostedPublished 29 March 2021
Australia’s federal government has extended its wage subsidy scheme for apprentices and trainees for another year, ending 30 September 2021.
![automotive apprentice](https://vasa.org.au/wp-content/uploads/2021/01/Apprentice-1024x681.jpg)
The scheme, said to have helped create around 100,000 apprenticeships to date, was introduced in 2020 as part of the economic response to COVID-19 and subsidises 50 per cent of the wages of apprentices and trainees.
In total, the scheme is expected to provide up to $1.2 billion in wage subsidies for employers and more work opportunities for apprentices.
According to a joint media release from the Prime Minister and the Minister for Employment, Skills, Small and Family Business:
- The Program will now become demand-driven and expanded for a full 12 months for new apprentices and trainees signed up prior to 30 September 2021.
- It is estimated that this demand driven expansion will generate around 70,000 new apprentice and trainee places.
More information is available in a joint media release published by the Australian Prime Minister and the Minister for Employment, Skills, Small and Family Business.
- CategoriesIn Latest News
- TagsApprentices, COVID-19, subsidy, Training