Limestone Coast businesses will receive an apprenticeship wage subsidy extension as part of the Federal Budget. The government has announced it would invest an additional $2.7b to extend and expand support for the Boosting Apprenticeship Commencements wage subsidy program.
The additional investment will enable businesses to claim a 12-month wage subsidy for new apprentices starting between October 1 and March 31. Group Training Employment General Manager Greg Megaw said the Boosting Apprenticeship Commencements wage subsidy (BAC) had provided employers in the Limestone Coast surety during a period of many unknowns.
“No doubt the extension of BAC has given employers the confidence to employ more apprentice/trainees which intern has provided some fantastic job opportunities that may not of been there otherwise,” he said. “Group Training Employment is employing record numbers of apprentice/trainees and no doubt much of this has been generated by Federal Government funding.”
Member for Barker Tony Pasin said the government and businesses in Barker were backing opportunities for the region’s young people. “By extending and expanding our support for apprenticeship starts, we are ensuring that young Australians are able to learn new skills and find sustainable employment that will help drive our continued economic recovery,” Mr Pasin said.
“Apprenticeships are an important pathway to get young people into jobs and to ensure there is a skills pipeline to meet the future needs of employers.” Mr Pasin said creating jobs, generating economic opportunities and boosting the skills of workers right across Australia was at the heart of the government’s plan, as “we build back from the COVID-19 recession”. “I thank each and every business in Barker who has given someone the chance to up-skill or re-skill,” he said.
The government is also investing $500m for the expansion of the JobTrainer Fund to deliver around 163,000 additional low fee and fee-free training places over two years. Visit www.employment.gov.au/boosting-apprenticeship-commencements for more information.