The minister for Small and Family Business, Skills and Vocational Education, Michael Cash, has announced support for rural and regional businesses with an Apprentice wage subsidy trial starting 1 January 2019.
What is the Australian Apprentice Wage subsidy?
By offering financial support to employers, the Australian Apprentice Wage subsidy aims to increase the number of qualified personnel (through the Apprenticeship pathway) in rural and regional areas for skills listed on the National Skills Needs List.
What financial support is available to employers?
The Australian Apprentice Wage Subsidy provides support in the first three years of an Australian Apprenticeship.
|Year of Apprenticeship||Subsidy|
|Year one||75% of award wage|
|Year two||50% of award wage|
|Year three||35% of award wage|
For example, The Fair Work Ombudsman suggests that a Carpentry Apprentice in the 1st year of their three year apprenticeship, working full time would be on $826.27 per week.
That’s a salary of $42,966.04.
Under the Australian Apprentice Wage subsidy, the Employer might receive:
- $32,224.53 in the first year
- $21,483.02 in year two and,
- $15,038.114 in the third year of the Apprenticeship*.
Note: These figures are an example only. *Employer subsidy is subject to eligibility criteria.
Who is eligible for the Australian Apprentice Wage Subsidy?
Beginning January 1 2019, Employers who employ a new worker under an Australian Apprenticeship, undertaking a full-time Certificate III or IV level qualification that leads to an occupation listed on the National Skills Needs List, in a rural or regional workplace.
The Apprentice must be employed under the relevant Award (modern award) for their occupation and the employer must not have previously employed an Australian Apprentice in the three years previous to January 1, 2019.
The employer must also meet the additional eligibility requirements under the Australian Apprenticeships Incentives Program.
Click here to find out if you are considered a rural or regional employer.
What skills fall under the National Skills Needs List
Foundation Training Australia offer qualifications in:
- Landscape Construction
All of these skill sets are included on the National Skills Needs List. Click here to find out more about our qualifications.