The Federal Government will continue to secure Australia’s economic recovery by expanding support to help apprentices finish their training, protecting the skills pipeline delivered under the government’s successful Boosting Apprenticeship Commencements program.
The $3.9b Boosting Apprenticeship Commencements program will extend support into the second and third year of an eligible Australian apprenticeship through the $716m Completing Apprenticeship Commencements program.
Under the new changes eligible employers will receive a 10% wage subsidy in the second year of an eligible apprenticeship, and 5% in the third year.
Member for Barker Tony Pasin said the new Completing Apprenticeship Commencements program would help maintain a pipeline of skilled workers right across the economy with 348,200 Australians training as at June 2021, 30% more than the previous 12 months.
“This will give employers the confidence to retain an apprentice in their second and third years of training right through to completion,” Mr Pasin said.
“Securing the skilled workforce of tomorrow through the Completing Apprenticeship Commencements program is in addition to a record $6.4b investment in skills this financial year, including a $500m expansion of the JobTrainer Fund, which recently hit more than 230,000 course enrolments.”
For further information on how to apply for the program, including information on eligibility, visit dese.gov.au/boosting-apprenticeship-commencements or contact an Australian Apprenticeship Support Network provider.
