As part of its COVID-19 Recovery Plan, the Federal Government has announced a package of $1.2 billion for the creation of 100,000 new apprenticeship positions.
From 5 October 2020, any business that takes on a new apprentice is eligible for a 50% wage subsidy of up to $7,000 per quarter. Businesses of any size, in any location and operating in any industry are eligible and the program will be available until the cap of 100,000 apprentices is reached.
Employers participating in the program will be eligible for the 50% subsidy for new or recommencing apprentices and trainees until 30 September 2021.
Further information is available on the Department of Education, Skills and Employment’s website.