The Liberal and Nationals 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.
Deputy Prime Minister and Member for New England, Barnaby Joyce said the coalition Government is protecting the pipeline of apprentices, so they become the skilled workforce of tomorrow.
‘This will give employers the confidence to retain an apprentice in their second and third years of training right through to completion,’ Mr Joyce said.
‘Securing the skilled workforce of tomorrow through the Completing Apprenticeship Commencements program is in addition to a record $6.4 billion investment in skills this financial year, including a $500 million expansion of the JobTrainer Fund, which recently hit more than 230,000 course enrolments.’
Under the new changes from next month, eligible employers will receive a 10 per cent wage subsidy in the second year of an eligible apprenticeship, and five per cent in the third year.
The Coalition’s investment is expected to continue to support the 270,000 anticipated commencements under the Boosting Apprenticeship Commencements program from October 2020 to March 2022.
Minister for Employment, Workforce, Skills, Small and Family Business, Stuart Robert, said the new Completing Apprenticeship Commencements program will help maintain a pipeline of skilled workers right across the economy with 348,200 Australians training as at June 2021, 30 per cent more than the previous 12 months.
‘The Morrison Government has supported a generation of Australian apprentices in the face of the biggest shock to our economy since World War Two,’ Minister Robert said.
‘While other countries shed their apprentice workforces, our highly successful Boosting Apprenticeship Commencement program saw new apprenticeships increase 141.5 per cent year on year.’
For further information on how to apply for the program, including information on eligibility, visit www.dese.gov.au/boosting-apprenticeship-commencements or contact an Australian Apprenticeship Support Network provider.