Date posted: 6/10/2020 2 min read

Wage subsidy for new apprentices and trainees

Businesses that take on a new apprentice or trainee will be eligible for a 50% wage subsidy starting 5 October 2020. But the subsidy is capped at 100,000 workers.

The subsidy will be available to employers of any size or industry that engage an Australian apprentice or trainee from 5 October 2020 until the 100,000 cap is reached.

Employers will be eligible for 50% of the wages for a new or recommencing apprentice or trainee for the period up to 30 September 2021, up to A$7000 per quarter.

The Australian Government sees apprenticeships and traineeships as an important pathway to get young people into jobs and ensure there is a skills pipeline to meet the future needs of employers.

This measure builds on the existing A$2.8 billion Supporting Apprentices and Trainees wage subsidy that helps employers retain their apprentices and trainees who were in place on 1 July 2020.

Minister’s announcement

Read all details of the announcement by the Minister for Employment, Skills, Small and Family Business

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Supporting Apprentices and Trainees wage subsidy (for those who were employed as at 1 July 2020)

The Australian Government is extending and expanding the Supporting Apprentices and Trainees wage subsidy, to include medium-sized businesses who had an apprentice in place on 1 July 2020.

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