Employers across the country will be given $1.2billion to hire 70,000 apprentices in an expansion by the Federal Government to the Boosting Apprenticeship Commencement wage subsidy initiative. The plan implemented is an uncapped job-creation plan that the Federal Government hopes will avoid a youth unemployment crisis from the coronavirus pandemic. Currently around 100,000 apprentices have been employed through the existing wage subsidy scheme to-date.
The Federal Employment Minister Michaelia Cash has said the extension would mean any businesses that signed up a new apprentice between March and September 30 2021 would get a full 12 months of the subsidy. To find out more about this subsidy, contact your apprenticeship support network as they will assist you with claiming the subsidy.