As an employer of an Australian Apprentice you may be eligible for financial assistance from the Australian Government to help with hiring and training an apprentice.
Boosting Apprenticeship Commencements
Through the subsidy, any business or Group Training Organisation that engages an Australian Apprentice between 5 October 2020 and 30 September 2021 may be eligible for a subsidy of 50 per cent of wages paid to a new or recommencing apprentice or trainee for a 12-month period from the date of commencement, to a maximum of $7,000 per quarter.
There is no cap on the number of eligible trainees/ apprentices.
Supporting Apprentices and Trainees
Eligible employers can apply for a wage subsidy of 50 per cent of an eligible apprentice or trainee’s wages paid until 31 March 2021.
In addition to the existing support for small businesses, medium-sized businesses may be eligible for the subsidy, for wages paid from 1 July 2020 to 31 March 2021.
Additional Identified Skills Shortage Payment
Eligible employers of Australian Apprentices will also receive $2,000 at the 12 month point from the commencement of the apprenticeship and an additional $2,000 at completion of the apprenticeship.
Support for Adult Australian Apprentices
An employer of an adult Australian Apprentice may be eligible to attract the SAAA payment where the Australian Apprentice is:
- undertaking a full-time or part-time Certificate III or IV qualification
- that leads to an occupation listed on the National Skills Needs List at
- the date of commencement or recommencement; and
- in receipt of an ‘actual wage’ paid by the employer at the date of
- commencement or recommencement which is equal to or greater
- than the National Minimum Wage
Assistance for Australian Apprentices with Disability
Disabled Australian Apprentice Wage Support (DAAWS) is an incentive payable to an employer who employs an Australian Apprentice who satisfies the disability eligibility criteria.
DAAWS is also available to employers who employ Australian Apprentices who become disabled during their apprenticeship.
Australian Apprentice Wage Subsidy
The Australian Apprentice Wage Subsidy trial aims to support apprenticeships in skills need occupations in rural and regional areas and encourage participation in apprenticeships by employers who have not previously engaged apprentices, as well as re-engaging employers who may have disengaged from the system.
Employers who employ a new worker Australian Apprentice undertaking a full-time Certificate III or IV qualification that leads to an occupation listed on the National Skills Needs List in a rural and regional workplace.