The Australian Government has announced a $2 billion JobTrainer skills package, to reform the Vocational Education and Training sector and keep apprentices in jobs. In partnership with the states and territories, more Australians will have access to free, or low cost, training places in areas of identified skills needs through the establishment of a new $1 billion JobTrainer fund.
This will include $500 million from the Australian Government this year, with a matched contribution being sought from state and territory governments. The JobTrainer fund will provide for around 340,700 additional training places to help school leavers and job seekers gain the skills they need to get a job. A further $1.5 billion will be made available to expand and extend the Supporting Apprentices and Trainees wage subsidy. Eligibility for the subsidy will be expanded to include medium-sized businesses with 199 employees or fewer who had an apprentice in place on 1 July 2020.
The Government is supporting small business to retain their apprentices and trainees. Eligible employers can apply for a wage subsidy of 50 per cent of the apprentice or trainee’s wages paid until 31 March 2021.
In addition to the existing support for small businesses, medium-sized businesses will now be eligible for the subsidy, for wages paid from 1 July 2020 – 31 March 2021.
Subsidies will also be available to any new employer who re-engages an eligible apprentice that was displaced by an eligible small or medium sized business.
Your small business may be eligible if:
- you employ fewer than 20 people; or
- you’re a small business with fewer than 20 people, using a Group Training Organisation
- the apprentice or trainee was undertaking an Australian Apprenticeship with you on 1 July 2020 for claims after this date. Claims prior to 1 July 2020, will continue to be based on the 1 March 2020 eligibility date.
Your medium-sized business may be eligible if:
- you employ 199 people or fewer; or
- you’re a medium business with 199 people or fewer, using a Group Training Organisation
- the apprentice or trainee was undertaking an Australian Apprenticeship with you on 1 July 2020
Any employer (including all small, medium or large businesses and Group Training Organisations) who re-engages an apprentice or trainee displaced from an eligible small or medium business may also be eligible for the subsidy.
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